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Disa India > Company History > Engineering - Heavy > Company History of Disa India - BSE: 500068, NSE: GEORGFISCH
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Disa India
BSE: 500068|NSE: GEORGFISCH|ISIN: INE131C01011|SECTOR: Engineering - Heavy
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May 22, 17:00
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Company History - Disa India
The company was incorporated in 1985 as BMD Foundry Machinery.
 
 After posting poor results during the initial years, BMD foundry
 Machinery did a dramatic turn about in the second half the year ended
 March, 1990, wiping out all previous losses and carrying forward
 profits to reserves, although skipping the dividend.
 
 BMD, Germany and DEG, a finance company owned by the German
 government mainly to promote joint ventures in the developing world,
 own 20 per cent each of the Rs.1 crore equity while Alfa Laval owns
 10 per cent and Karnataka government, through KSIIDC, 11 per cent.
 
 2002-Disa India Ltd has informed BSE that Mr Tomas Dyrbye has ceased
 to be the Director on the Board of the Company effective on August
 30, 2002 upon relocation.
 
 2006
 
 - Disa India Ltd has informed that the Board of Directors of the
 Company at its meeting held on November 02, 2006, inter alia, has
 reconstituted the Board with induction of Mr Sanjay Arte as Director
 and cessation of two Directors, Mr Pradeep Mallick & Mr V M Bhat.
 
 
 2007
 
 - Recommended a Dividend 40% for the FY ended.
 
 
 2008
 
 - DISA Group is acquired by Mid Europa Partners.
 
 
 2009
 
 - DISA and Wheelabrator Group merge. Wheelabrator Group is teh
 world-leading surface preparation leader, and the DISA surface
 preparation division is rebranded Wheelabrator.
 
 
 2010
 
 - The World's Leading Supplier of Moulding and Surface Preparation
 Technology.
 
 
 2012
 
 - DISA India Ltd Hosakote Plant Facility.
Source : Dion Global Solutions Limited
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