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Morganite Crucible (India) > Company History > Cement - Products & Building Materials > Company History of Morganite Crucible (India) - BSE: 523160, NSE: N.A
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Morganite Crucible (India)

BSE: 523160|ISIN: INE599F01012|SECTOR: Cement - Products & Building Materials
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Oct 18, 16:00
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Morganite Crucible (India) is not listed on NSE
Company History - Morganite Crucible (India)
The company was incorporated on 13th January, 1986.  The company
 obtained a certificate of Commencement of Business from the Registrar
 of companies, Bombay on 21st May, 1986.
 
 The company manufactures silicon carbide crucibles and Waluj,
 Aurangabad District,  Maharashtra.
 
 The company has been promoted by Greaves Cotton  & Company Limited
 and Morganite Crucible Limited, U.K.
 
 In terms of an agreement, Greaves Cotton & Co. Limited  would hold
 24% and morganite crucible Ltd., would hold 28% of the issued share
 capital of the company.
 
 The company entered into a technical know how agreement with
 Morganite Crucible Ltd in which it was to provide engineering
 assistance and help to enable the company to fully absorb the
 exclusive technology.  It also trained qualified personnel from the
 company at its works and was to provide information on the methods
 and techniques used by it in the manufacture of silicon carbide
 crucibles further Morganite Crucible Ltd was to send its
 technologists to the company's plant for consultation as required. 
 It would also give advice for setting up R & D unit in the company. 
 The technical assistance provided by Morganite Crucible Limited would
 be free of any royalty or fee.
 
 2002
 
 -The Greaves Morganite Crucible Ltd has informed that Mr W. Liphardt
 a Director of the Company has resigned and Mr P Davies has been
 appointed as a Director to fill the casual vacancy caused by the
 resignation of Mr W Liphardt.
 
 2003
 
 -Greaves Morganite Crucible Ltd has informed BSE that the following
 changes have taken place in the Board of Directors of the company. 
 
 Appointments 
 
 S N Talwar as an Alternate Director for Didier Finck 
 D Ramesh Kumar appointed as Director to fill the vacancy caused by
 the resignation of Mr S K Roy.
 
 2007
 
 - Company name has been changed from Greaves Morganite Crucible Ltd.
 to Morganite Crucible (India) Ltd.
 
 -The Board has agreed the expansion of its existing manufacturing
 unit located at B-11, Waluj, Aurangabad.
 
 2011
 
 -The Company has appointed Mr. Hitesh Saiwal as Country Manager and
 Executive Director.
 
 2012
 
 -The Company has decided to recommend final dividend at the rate of
 10% on face value of share.
 
 2013
 
 -Board has recommended a final dividend at the rate of 10% on face
 value of share for the year 2013.
 
 2014
 
 -Board has recommended a final dividend at the rate of 10% on face
 value of share.
 
 2015
 -Unrivalled Performance in Ferrous Applications from New Morgan
 Stopper Rods
 -New coatings will help limit contamination in crucibles
 -Morgan Advanced Materials offers High Quality Gold Assay Furnaces,
 Crucibles and Cupels
 
 2016
 -Morgan Advanced Materials Announces Prototype Capability for Custom
 Piezoceramic Microtubes
 -Morgan Announces Slip Ring System for the Construction Industry
 -Morgan Advanced Materials Launches New Ultra-Lightweight Level III
 Standalone Ballistic Insert
 -Morgan Advanced Materials Launches Endless Rotating Axis for
 Automotive Industry
 -Morgan Advanced Materials Develops New Alumina Sensor to Withstand
 Extreme Temperatures
 -Morgan Advanced Materials Awarded 1.1m Ballistic Shields UK MoD
 Contract
Source : Dion Global Solutions Limited
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