1981 - The Company was Incorporated on 21st November, in the name of
Hyperion Trading and Agencies Ltd. for the purpose of
out business in trading and agencies activities. Its main
activity is export and mining. The Company's object is to
manufacture granite slabs and tiles.
- The Company is in the business of merchant export and was
Certificate of Merit by CAPEXIL Promotion Council for
contribution to exports.
- The Company acquired 6 granite quarries in Rajasthan and
undertook to acquire modern machines for quarrying granite
for exports. The Company raised an amount of Rs.1 crore
a Rights issue to start the quarrying at Rajasthan.
1995 - 75,000 No. of Equity shares issued, subscribed and paid-up.
2,25,000 No. of equity shares were then issued at par on 21st
November, 1981 through a prospectus to the public. The
issued 4,50,000 Rights shares (prop. 2:3).
1996 - A High Court order was issued to the mining department,
Claiming that forest area should not be used for mining work,
mining department was instructed to shut down the mining
However, the mining work of the Company at Warangal in A.P.
reported to be in full swing.