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Elpro International Ltd.

BSE: 504000 | NSE: ELPROINTL | Series: NA | ISIN: INE579B01039 | SECTOR: Electric Equipment

BSE Live

Jul 08, 13:20
39.05 -0.05 (-0.13%)
Volume
AVERAGE VOLUME
5-Day
28,690
10-Day
39,114
30-Day
34,982
2,500
  • Prev. Close

    39.10

  • Open Price

    39.05

  • Bid Price (Qty.)

    39.05 (287)

  • Offer Price (Qty.)

    39.80 (100)

NSE Live

Dec 27, 11:22
30.35 1.20 (4.12%)
Volume
No Data Available
1,214
  • Prev. Close

    29.15

  • Open Price

    -

  • Bid Price (Qty.)

    - (0)

  • Offer Price (Qty.)

    - (0)

Elpro International is not listed on NSE
Company History - Elpro International
YEAR                       EVENTS
 
 1962 
 
 -The Company was incorporated on 27th July, at Mumbai.  The Company
 Manufacture lighting arresters, pellet and thyrite types, X-ray
 equipment for medical and industrial applications, Alnico magnets for
 domestic and industrial applications, Calrod heating elements for
 domestic, industrial and medical applications and other electrical
 apparatus.
        
 1963 
 
 -350 shares subscribed for by the signatories to the Memorandum of
 Association.  84,650 shares issued by a prospectus.
 
 1983 
 
 -The Company entered into a technical collaboration agreement with
 Matsushita Electric Industrial Co. Ltd., Japan for the manufacture of
 the most important basic component required for the manufacture of
 gapless lighting arresters.
       
 -Government issued a letter of intent for expansion of the
 Manufacturing capacity of hard ferrites.  The Company obtained
 industrial licence and manufactured and sold the first unit of
 electrostatic precipitators and control with DC power supply.
       
 1986 
 
 -The Company's technical collaboration with General Electric Co.,
 U.S.A. to manufacture gapless lighting arresters was approved by
 Government.
       
 -The Company has acquired 15,19,000 No. of equity shares of Rs 10
 each, at par, of GE Elrpo representing 49% of its paid up equity
 capital.
        
 1991 
 
 -Equity shares subdivided.  8,50,000 rights share issued (prem. Rs 8
 per share; prop. 1:1) 42,500 No. of equity shares (prem. Rs 8 per
 share) allotted to employees.
        
 1995 
 
 -Company has signed a joint venture agreement with Sunpower Inc. for
 development of water pump running on biomass.
 
 -The Company issued 84,650 No. of equity shares of Rs 100 each at par
 by the prospectus dated 7th June, 1963.  Out of the issue, 42,500
 shares were subscribed for by the General Electric Co.,New York
 and/or one of its subsidiaries, 12,400 shares were taken up by the
 Investment Corporation of India, its associates,directors and their
 friends, 8,500 shares were taken up by the International Electric Co.
 (India) Pvt. Ltd., and their friends, and the balance 21,500 shares
 were offered for public subscription.
 
      
 -17,41,895 No. of equity shares of RS 10 each allotted to the
 shareholders on rights basis in prop. 1:1 and 72,000 No. of equity
 shares of Rs 10 each allotted to the shareholders of Switchgear
 Manufacturing Co. Ltd. in terms of Scheme of Amalgamation.
 
 1996 
 
 -The performance of the company was affected due to tremendous drop
 in demand for lighting Arresters during the year.
 
 2006
 
 -The Company has recommended dividend of Re 1/- per Equity Share
 (i.e. 10%)
 
 2008
 
 - Elpro International Ltd has informed that the Board of Directors of
 the Company at its meeting held on January 16, 2008, has appointed Mr.
 Narayan T Atal on the Board of Directors of the Company.
 
 2010
 
 -The Company has appointed Mr. Ashok Jain as an Additional Director
 and member of the Company's Audit Committee.
 
 2012
 
 -Mr. Ram Swarup Dabriwala, director of the Company has been appointed
 as new Chairman of the Company.
 
 2014
 
 -Rashmi Patkar has been appointed as the Company  Secretary of the
 Company with effect from February 24, 2014
 
 2015
 
 -The Company has allotted the Bonus Shares to its shareholders in the
 Ratio of 2:1.
 
 -Elpro International has splits its face value from Rs. 10 to Rs. 2