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GR Cables
BSE: 517564|ISIN: INE769B01010|SECTOR: Cables - Telephone
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May 24, 13:15
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Company History - GR Cables
YEAR                                                            
 EVENTS
 1992 - The company was incorporated on 29th January as a Public
 Limited Company 
              under the Companies Act, 1956 and obtained the
 Certificate of Commencement 
              of business on 10th February. 
 
            - The main object of the Company is to manufacture 15 LCKM
 of Jelly Filled 
              Communication Cables by a single stream plant in
 collaboration with :ESSEX 
              Group Inc., of USA.
 
 1995 - The Company public issue of 67,99,500 No. of equity shares of
 Rs. 10/- each for 
              cash aggregating Rs. 705 lacs, comprising 8,35,000
 equity shares of Rs. 10/- each 
              at a premium of Rs. 3/- aggregating Rs. 108.55 lacs and
 59,64,500 equity shares 
              of Rs. 10/- each for cash at par aggregating Rs. 596.45
 lacs was made during the year. 
 
            - Sri G.V.B.R. Reddy, Director of the Company retires by
 rotation and being eligible 
              offer himself for re-appointment.
 
 1999 - Sarvashri.S.M.Prasad, M.Bhaskar Rao and Dr.Gandhiji
 Yalamanchili, Directors of 
              the Company retire by rotation and being eligible offer
 themselves for re-appointment.
 
 2000 
 
 -The Company have passed a resolution allotting 1,60,00,000 warrants
 convertible into equity shares on preferential basis to the persons
 other than promoters and promoter's group.
 
 -The Company has entered into agreements with National Securities
 Depository Limited and Central Depository Securities Limited 
 
 2003
 
 -GR Cables has launched manufacture of Halogen free flame retardant
 Cables,
 
 -GR Cables sets up a fully owned subsidiary in Sri Lanka known as
 Gold Island Cables Pvt Ltd, which will target on manufacturing of
 telecom and power cables. 
 
 2004
 
 -G.R. Cables has developed and manufactured halogen-free cables of
 international standards at competitive cost.
 
 2005
 
 -GR Cables bags 120 million order from BSNL for PIJF cables.
 
 -The Company has bagged an order for Rs 50 million from BSNL for PIJF
 cables in addition to Rs 120 million order recently received from
 BSNL.
 
 -GR Cables launches power cables for Electricity Boards
 
 -GR Cables launches CAT 6 higher bandwidth carrying Ian cable
 
 -GR Cables receives orders worth Rs 1.4 cr for its new range of
 cables
 
 -GR Cables secures order worth Rs 9.30 mn for PIJF & Switch Board
 Cables
 
 -The Company has received its first order for Rs 3 million for its
 special range of power cables from Northern Power Distribution
 Company Ltd.
 
 2008
 
 -The company has designated E-mail ID for Investor Complaints: 
 grcables10@gmail.com
Source : Dion Global Solutions Limited
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