YEAR                       EVENTS
 1972 - The Company was Incorporated on 17th August at Mumbai.
 
      - The Company's object is to manufacture centrifugally cast
        alloy steel tubes and heat alloy steel castings (heat
 resistant
        and stainless steel).
 
      - The Company entered into a technical information and trade
 mark 
        licence agreement with Abex Corporation, U.S.A. for the
 supply
        of technical information for the manufacture of centrifugally
        cast alloy steel tubes and other alloy steel castings.  The 
        company is also entitled, during the period of the agreement,
 for
        the right and licence to use the trade marks ABEX, THERMALLOY
 and
        SUPERTHERM.  Abex Corporation, U.S.A., had closed down their
        factory in the states as also other divisions and discontinued
 
        their association with the company.  
 
      - Issue 1,92,500 shares to Universal Ferro & Allied Chemicals,
 Ltd.
        Mumbai and 28,800 shares to other promoters, etc.
 
 1973 - 25,000 Pref. and 5,28,700 No. of equity shares issued at par:
        1,50,000 No. of equity shares to Abex Corpn. U.S.A. without 
        payment in cash and the balance to the public. pref. shares
        redeemable during 12th December 1985/88.
 
 1975 - 6,00,000 rights equity shares issued at par in prop. 4:5.
 
 1982 - For the first time, in the country company installed and 
        perfected automatic welding system for welding of reformer
 tubes.
        A vertical centrifugal casting machine was also installed for
        broadening and diversifying the product range.
 
 1984 - Sales decreased further due to the availability of imported
        reformer tubes at substantially lower prices in the market
 and
        lower labour efficiency.
 
 1985 - The setback was due to labour unrest for most part of the
 year,
        sluggish market conditions aggravated by liberal import
 policy
        and lower order booking by major clients like the public
 sector
        steel plants.
 
 1986 - The overall working resulted in losses mainly due to sluggish
        demand for Reformer tubes by virtue of fertilizer glut in the
        country.
 
      - 25,000-9.5% preference shares were due for redemption latest
 by
        31st December, 1988.  However, the company could not redeem
 these
        preference shares on the due date.  Application to issue
 further
        redeemable preference shares equal to the amounts due
 (including
        dividends) in respect of unredeemed preference shares under 
        section 80A of the companies Act 1956 as required by law had
 been 
        made to the company Law Board for which approval was still 
        awaited, preference dividends amounting to Rs.20,19,000 was
 in
        arrears.
 
 1991 - The Company negotiated a fresh collaboration with a leading 
        German concern under the name Schmidt a Clemens GmbH and Co.
 
 1992 - During December, the company allotted 6,25,000 No. of equity
        shares of Rs.10 each at a prem. of Rs.42.50 per share to M/s.
        Marker Stahl GmbH & Co. Germany, associate of Schimat &
 Ciemens
        GmbH & Co., Germany the collaborators.
 
 2009
 
 - Uni Abex Alloy Products Ltd has that the Company has recruited one
 Mr. Kishore Tamhaney as the Chief Operating Officer (COO) of the
 Company on and from September 10, 2009