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Euro Ceramics Ltd.

BSE: 532823 | NSE: EUROCERA | Series: BZ | ISIN: INE649H01011 | SECTOR: Ceramics & Granite

BSE Live

Jun 05, 16:00
0.61 -0.03 (-4.69%)
Volume
AVERAGE VOLUME
5-Day
12,852
10-Day
8,707
30-Day
5,055
501
  • Prev. Close

    0.64

  • Open Price

    0.67

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

NSE Live

Jun 05, 15:50
0.55 0.05 (10.00%)
Volume
AVERAGE VOLUME
5-Day
4,452
10-Day
3,157
30-Day
9,059
9,085
  • Prev. Close

    0.50

  • Open Price

    0.50

  • Bid Price (Qty.)

    0.55 (5000)

  • Offer Price (Qty.)

    0.00 (0)

Company History - Euro Ceramics
Our company was incorporated as private limited company under the name
 Euro Ceramics Private Limited vide Certificate of Incorporation no. U
 26914 MH 2002 PLC 135548 dated April 16, 2002 with the Registrar of
 Companies, Maharashtra, at Mumbai. Our Company subsequently became a
 public limited company on November 16, 2004 under the name Euro
 Ceramics Limited having its registered office at Boston House, Ground
 Floor, Suren Road, Chakala, Andheri (East), Mumbai - 400 093,
 Maharashtra. The Promoters of our Company are Mr. Nenshi L. Shah, Mr.
 Talakshi L. Nandu, Mr. Kumar P. Shah and  Mr. Paresh K. Shah.
 
 After the devastating earthquake of January 26, 2001 in Kutch Region
 of Gujarat, we decided to establish manufacturing facilities for
 Vitrified Ceramic Tiles and Aluminium Extruded Sections at Bhachau,
 Kutch. The major Plant & Machinery required for manufacturing
 Vitrified Ceramic Tiles were imported from SACMI, Italy. The first
 line for manufacturing Vitrified Ceramic Tiles with an installed
 capacity of 35,880 MTPA commenced operations in October 2003 along
 with manufacturing of Aluminium Extruded Sections with installed
 capacity of 1,800 MTPA.
 
 During July 2004, considering the growing demand for our products, we
 decided to install a second line for manufacturing Vitrified Ceramic
 Tiles with an installed capacity of 44,091 MTPA, for which, once
 again we entered into a contract for supply of major Plant &
 Machinery with SACMI, Italy. The second line for manufacturing
 Vitrified Ceramic Tiles commenced operations in December 2005.The
 manufacturing facility for Vitrified Ceramic Tiles is ISO: 9001
 certified. Our Vitrified Ceramic Tiles have got the approval from
 reputed technical Institutions like 
 Veermata Jijabai Technological Institute (VJTI), Mumbai and Applied
 Consumer Services Inc Finland, U.S.A.
 
 During February 2005, we started operations of Jewellery Division. In
 June 2005, Joint Director General of Foreign Trade, Government of
 India, accredited us as One Star Export House. During November 2005,
 we discontinued our operations of Jewellery Division. On December 30,
 2005, Euro Merchandise (India) Limited, became our subsidiary, which
 is engaged into business of trading of wall and floor tiles, which
 include varieties like ceramic, glazed porcelain and rustic tiles.
 During March 2006, we commenced a 10 MW lignite based captive power
 plant and in August 2006, we also commenced a Gasifier for generating
 gas in order to reduce 
 fuel costs and to achieve self Sufficiency for gas.
 
 OUR MILESTONES
 
 Period                  Event
 
 2002           
 
 -Incorporated as private limited company
 
 -Entered into a contract for supply of major Plant & Machinery from
 SACMI, Italy
 
 2003   
 
 -Commencement of operations of first phase of Vitrified Ceramic Tiles
 and Aluminum Extruded Sections
 
 -Quality certificate for our product received from VJTI, Mumbai
 
 2004            
 
 -ISO 9001:2000 certification for our manufacturing facilities.
 
 -Entered into a contract for supply of major Plant & Machinery and
 technical assistance from SACMI, Italy for expansion
 
 -Quality approval of our product from Applied Consumer Services Inc.
 Finland, U.S.A.
 
 -Converted into a public limited company
 
 2005
 
 -Started operations of Jewellery Division.
 
 -Accredited as One Star Export House by Joint Director General
 ofForeign Trade, government of India.
 
 -Commencement of Commercial Production of expanded capacity of
 Vitrified Ceramic Tiles
 
 -Euro Merchandise (India) Limited became a subsidiary of our Company
 
 2006       
 
 -Commencement of 10 MW lignite based captive power plant
 
 2007
 
 -Euro Ceramics Declared an interim dividend @ Rs 1.20 per share
 
 2008
 
 -Euro Ceramics designed E-mail ID for Investor Complaints:
 investors@eurovitrified.com.
 
 2010
 
 -Registered Office of the Company has been shifted From Boston House,
 Ground Floor, Suren Road, Chakala, Andheri (East), Mumbai - 400093
 To:Euro House, CTS No. 1406, A25/6, Chincholi Bunder Road, Behind
 Inorbit Mall, Malad (West), Mumbai - 400064.
 
 2012
 -Appointed Mr. Mahendra Modi as an Additional (Independent) Director
 of the Company.
 
 2013
 -Board of Directors of the Company has appointed Mr. Pratik Shah as a
 Compliance Officer of the Company.
 
 2014
 -Appointed Mr. Amit Nandu as an Additional (Independent) Director of
 the Company.
 -The Registered office of the Company has been shifted From: Euro
 House, CTS No. 1406, A25/6, Chincholi Bunder Road, Behind Inorbit
 Mall, Malad (West), Mumbai - 400064 To: 208, Sangam Arcade,
 Vallabhbhai Road, Station Road, Vile Parle (West), Mumbai - 400056.