Our Company was incorporated by Captain Ravi Dutta and family
 (Erstwhile Promoters) 
 as a private limited company under the name of Exfin Shipping (India)
 Private Limited 
 on March 24, 1987 under the Companies Act, 1956 to take over the
 partnership business 
 carried in the name of ‘Exfin Shipping Consultants’. Our Company was
 carrying on the 
 business of forwarding and transporting merchandise across land, sea
 and air. 
 Subsequently, pursuant to a special resolution of the shareholders of
 our Company at an 
 Extraordinary General Meeting held on October 24, 1996, our Company
 became a public 
 limited company. A fresh certificate of incorporation consequent upon
 the change of 
 name was granted on January 27, 1997 by the Registrar of Companies,
 National Capital 
 Territory of Delhi and Haryana in the name of Exfin Shipping (India)
 Limited.
 
 In the year 2003, the management and ownership of our Company was
 taken over from 
 Captain Ravi Dutta by Mr. Subhash Sharma, our current CMD and CEO,
 who started the 
 business of dealing in iron ore products. After the change in
 management, initially our 
 Company was engaged in merchant export of Iron ore products and
 International freight 
 movement activities.Our Company is presently engaged in the business
 of extraction and 
 processing of Iron Ore products i.e. Lump Ore, Size Ore, Calibrated
 Lump Ore (CLO) and 
 iron ore fines. The name of our Company was further changed from
 Exfin Shipping (India) 
 Limited. to Resurgere Mines & Minerals India Limited pursuant to a
 special resolution of 
 the shareholders of our Company at an Extraordinary General Meeting
 held on December 
 26, 2006. The certificate of incorporation to reflect the new name
 was issued on January 
 5, 2007 by the RoC. On October 17, 2007 our Company acquired all the
 shares in WMPL 
 which consequently became our who lly owned subsidiary. WMPL holds an
 interest of 60% 
 in the partnership firm Shri Warana Minerals, which currently holds a
 mining lease with 
 respect to bauxite mines situated at Yelwan Jugai in Maharashtra. Our
 Company proposes 
 to venture into the business of bauxite mining and processing through
 Shri Warana Minerals, 
 in the near future.
 
 Major Events
 
 Year    Events
 
 1987 -  Our Company was originally incorporated by Captain Ravi Dutta
 under the name Exfin
             Shipping (India) Private Limited.
 
 1996 - Our Company converted itself into a Public Limited Company and
 the name of our
            Company was changed to Exfin Shipping (India) Limited.
  
 2003 - Our Company was taken over by Mr. Subhash Sharma and his
 family, who started the
            business of dealing in iron ore.
 
          - Our Company was granted the certificate for Import &
 Export from the Director General
            of Foreign Trade, New Delhi.
 
          - Our Company commenced merchant export of Iron Ore fine to
 China.
 
 2004 - Our Company acquired long term extraction rights over two iron
 ore mines located in
            Nuagaon and Maharajapur in Orissa.
 
         - Our Company was awarded a certificate of recognition from
 the Ministry of Commerce,
           GoI as a Star Trading Export House.
 
 2005 - Our Company commenced the extraction of iron ore and domestic
 sales of lump/size iron
            ore from the Nuagaon and Maharajapur iron ore mines in
 Orissa.
 
         - Our Company also commenced the domestic sales of CLO from
 Maharajapur iron ore
           mine in Orissa.
 
         - Our Company was awarded a certificate of recognition from
 the Federation of Indian
           Export Organizations.
 
 2006 - Our Company was awarded an ISO Certificate from the United
 Registrar of Systems
            Limited, UKAS
 
          - The name of Our Company was changed to Resurgere Mines &
 Minerals India Limited
            to reflect the main business activities of our Company.
 
 2007 - Our Company installed crushing plant at Nuagaon iron ore mine
 for the manufacturing
             of CLO.
 
          - Our turnover from extraction, processing and sale of iron
 ore crossed Rs. 1,600 millions
 
          - Our Company obtained extraction rights over iron ore mine
 in Jharkhand.
 
          - Our Company acquired 60% stake in bauxite mine through its
 wholly owned subsidiary
             WMPL
 
          - Our Company received private equity investment from
 Merrill Lynch International and
            other HNIs
 
          - Our Company entered into long term purchase contract for
 purchase of iron ore fines for
            the purpose of export to China
 
          - Our Company has obtained No Objection Certificate from
 competent authority to invest
            under the ‘Wagon Investment Scheme’ of the Indian
 Railways
 
          - Our Company got letter from Industries Energy & Labour
 Department, Maharashtra
            stating that our application for mining lease for Banda
 Mines is under active
            consideration.
 
 2008
 
 -Resurgere Mines & Minerals India Ltd proposes to enter the capital
 market with a public issue of 4,450,000 equity shares of Rs10 each
 through 100% book building process. The issue will open on August 11,
 2008 and will close on 13th August 2008. The price band for the issue
 has been fixed at Rs263 to Rs272 per share.
 
 2010
 
 -Resurgere Mines & Minerals India has given the Bonus in the Ratio of
 2:1
 
 2012
 -Company has Consolidates its Face value of Shares from Rs 1 to Rs
 10
 
 --Registered Office of the Company has been shifted from 156, Maker
 Chamber - Ill, Nariman Point, Mumbai - 400021To 15 Morvi House, 28/30
 Goa Street, Ballard Estate, Mumbai - 400038.