YEAR                       EVENTS
 1945 - The Company was Incorporated on 6th March, at Calcutta.  The
        company manufacture and deal in wires, cables and lines of
 all
        kinds including A.C.S.R. and all-aluminium and copper
        conductors, etc.
 
      - 91,800 shares taken up by Directors, etc. 2,58,200 shares
 offered
        to public.  275 shares forfeited.
 
 1961 - The name of the company was changed from Hindustan Woollen
 Mills,
        Ltd., to Universal Cables, Ltd., effective from 15th May.
 
 1977 - 4,79,808 right shares issued at par in prop. 19:50.
 
 1979 - Forfeiture on 40 shares annulled during 1978-79 and on another
 40
        shares in 1979-80.  8,67,824 bonus shares issued in prop. 1:2
 in
        July 1979.
 
 1983 - The imported plant for the manufacture of cross-linked
        polyethylene compounds was received and it was under
        installation.
 
      - The Company proposed to manufacture high-performance
 speciality
        cables for aerospace, electronics, telecommunications,
        transportation oil exploration and defence industries.
 
      - A letter of intent was received from the Government of India
 for
        production of irradiated heat shrinkable products and
 irradiated
        heat trace cable.
 
      - The Company's technical collaboration with General Electric
        Company of USA for the manufacture of capacitors expired
 during
        the year.
 
 1984 - The Company signed a collaboration agreement with General
        Electric, USA, for the manufacture of capacitors with
 superior
        quality non-toxic impregnant.
 
 1987 - 27,34,280 shares issued (prem. Rs 25 per share); 26,04,077
 shares
        as rights in prop. 1:1 and 1,30,203 shares to employees under
        Stock Option Scheme. (All were taken up).
 
 1990 - Development efforts were afoot for the manufacture of new
        products, such as, CATV cable, cables for telephone switching
        systems, LAN for computers and aerial bunched cables.
 
      - The Company incurred a capital expenditure of Rs 7.24 crores
 for
        expansion, manufacture of new products and updating of
        technology.  New products such as water-cooled DC high
 voltage
        reactor cable, Geo-phone, Tethar cable etc, were being
 developed.
 
 1991 - The Company also issued another 7,00,000-14% redeemable
        non-convertible debentures of Rs 100 each to financial
        institutions on private placement basis.  These are to be
        redeemed premium of 5% in three yearly instalments commencing
        from 28th October, 1996.
 
 1992 - With the help of R&D, it was proposed to develop special
 cables
        for elevators, electronic equipment etc.
 
      - The Company along with Vindhya Telelinks Ltd., and Ericosson
        Cables AB of Sweden, promoted a new company viz., Birla
 Ericsson
        Optical Ltd., for the manufacture of fibre optic cables.
 
 1993 - Several new products were developed for defence production
 and
        electronic equipment.
 
      - 1,00,000-15% redeemable non-convertible debentures of Rs 100
 each
        were privately placed with UTI.  These debentures are
 redeemable
        at par by August 1st.
 
      - The financial institutions were allotted 1,50,000-15%
 redeemable
        non-convertible debentures worth Rs 1.50 crores.  These
        debentures are redeemable at 5% premium on the expiry of 7th
 year
        from 21.8.1986.
 
      - The Company issued 26,69,179 No. of equity shares of Rs 10
 each
        for cash at a premium of Rs 75 per share on Rights basis in
 the
        proportion 1:2 (only 26,67,879 shares taken up).
 
      - Another 1,33,459 No. of equity shares at a premium of Rs 75
 per
        shares were also issued to the employees on an equitable
 basis
        (only 11,650 shares taken up).
 
      - During September, 2,818 Rights equity shares part of 1988
 issue
        were forfeited for non-payment of calls.
 
 1994 - The Company entered into a joint venture agreement with the
        world-renowned multinational power equipment company ASEA
 BROWN
        BOVERI (ABB) to set up a new company viz. `Universal-ABB
 Power
        Cables Ltd.' for the manufacture of High Voltage Cross linked
        Polythene insulated power cables.
 
      - 80,15,489 bonus shares issued in prop. 1:1.
 
 1997 - The Company received a letter of intent for the manufacture
 of
        cross-linked polytheylene (XLP) compounds.
 
 2002- Universal Cables Ltd has informed  that M A Alagappan a
 Director of the company has             resigned from the Board of
 Directors of the company w.e.f January 30, 2002.
 
 2006
 
 -Shri. Jagdish Chandra Sharma has been appointed as a Director of the
 Company by the Board of Directors w. e. f. October 27, 2006.
 
 2007
 
 -Universal Cables Ltd has appointed Shri. Dinesh Chanda as a Director
 of the Company by the Board of Directors w.e.f. May 23, 2007.