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Orient Bell Ltd.

BSE: 530365 | NSE: ORIENTBELL |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE607D01018 | SECTOR: Ceramics & Granite

BSE Live

Dec 03, 16:00
374.95 13.80 (3.82%)
Volume
AVERAGE VOLUME
5-Day
4,704
10-Day
3,753
30-Day
3,406
1,618
  • Prev. Close

    361.15

  • Open Price

    370.00

  • Bid Price (Qty.)

    366.90 (1)

  • Offer Price (Qty.)

    374.85 (50)

NSE Live

Dec 03, 15:40
370.10 7.15 (1.97%)
Volume
AVERAGE VOLUME
5-Day
14,900
10-Day
19,798
30-Day
29,084
13,753
  • Prev. Close

    362.95

  • Open Price

    373.00

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

Company History - Orient Bell
YEAR                                                        EVENTS
 1977 - The Company was Incorporated as a public limited company on
 18th
        May, for manufacture of glazed wall tiles with an installed
        capacity of 5000 TPA at Sikandrabad, Dist. Bulandshahr U.P.
 
      - The Company was promoted by C.K. Kejriwal in collaboration
 with
        Agrob Anlagenbau GmbH (Agrob).
 
      - The Company's object is to manufacture glazed white, coloured
 and
        decorative ceramic wall tiles.
 
 1981 - The Company became a subsidiary of Somany Pilkington's Ltd. 
 When
        the latter took over the company under a rehabilitation
 package
        from IFCI.
 
 1987 - The Company undertook an expansion programme to increase the
        capacity by an additional 10,000 TPA.  
 
 1991 - For a number of technical modifications carried out at
 various
        stages and the problem due to the non-release of required
 power
        load, the overall production could have been still higher.
 
 1992 - In order to modernise the plant facilities a gas pipeline was
 
        connected to facilitate conversion from oil firing to natural
 gas
        firing in 1993.
 
 1994 - The press shop was modernised by replacing the mechanical
 tile
        presses with automatic hydraulic presses.  To make use to 
        biscuit tiles, an in-house designed fuel efficient continuous
        furnace was constructed.  
 
      - The Company undertook to set up a new manufacturing facility
 of
        25,000 tpa adjacent to the existing site.  A technical
 agreement
        with Sacmi Impianti S.p.a Italy was signed and an order for
        import of plant and equipment placed.
 
 1995 - The Company is emerging as a leading player in the Ceramic
 Tile
        Industry.
 
      - The Company has installed further capacity generation of 1560
        KVA.  The factory can be fully operational on its captive
 load.
 
      - The company has installed and proposes to instal energy
 efficient
        machines and equipments for use in the manufacturing
 activities.
 
 1996 - The production was disrupted due to nil supply of natural gas
 for
        a period of 23 days during January 1997.  A shutdown for 
        maintenance work was also carried out.
 
      - The installed capacity was increased to 52,000 tpa.  A new
        generating set was hired and installed as back up and the
        expansion capacity was implemented.
 
      - During August-September, the Company issued 7,20,000 - 16% 
        redeemable non-convertible debentures of Rs.100 each in the
 ratio
        of 4 debenturs : 5 equity shares held along with 2 detachable
        warrants on Rights basis.
 
      - Each warrant entitles the holder to apply for one equity share
 at
        a prem. of Rs.10 per share.  The right is exercisable between
        6 to 36 months from the date of allotment of debentures,
 failing
        which the warrants would lapse.  The debentures would be 
        redeemed at par in the three equal instalments, at the end of
 6th
        7th and 8th year respectively from date of allotment of 
        debentures.
 
      - Till date 14,18,520 No. of equity shares were allotted on 
        exercise of warrants.
 
      - 7 No. of equity shares subscribed for by signatories to the
        Memorandum of Association.  3,49,993 No. of equity shares 
        allotted to promoters, directors, relatives and associated 
        Companies.  90,000 shares allotted to PICOP.  During 18th
 May,
        1977, the Company issued through a prospectus 4,60,000 No. of
        equity shares of Rs.10 each to the public.
 
 1997 - The authorities have informed of another forthcoming shut down
 of
        natural gas supply during October/November, 1997 for a period
 of 
        26 days.
 
      - The funds raised through the issue of 16% - 720,000 Secured
        Redeemable Non-convertible Debentures of Rs. 100/- each for
 cash
        at par aggregating to Rs. 72 million on Rights basis, has
 been
        utilised on the project.
 
      - The Company has installed energy efficient machines and
        equipments for use in the manufacturing activities.
 
      - The company commissioned its expansion project in March.
 
 1998 - The Company issued 14,40,000 Detachable Warrants along with
 16%
        Secured Redeemable Non-convertible Debentures in terms of
 Letter
        of Offer dated 2nd August, 1996.  The Company has converted
        11,56,080 Detachable Warrants into Equity Shares on 31.03.98
 and
        the Equity Shares, so issued have been listed with Delhi,
 Mumbai
        and Calcutta Stock Exchanges.
 
 1999 - Orient Ceramics and Industries Ltd (OCIL) is planning a Rs 35
        crore expansion by increasing tiles manufacturing capacity by
 50
        per cent to 85,000 tonnes in the wake of increased demand
 from
        the housing sector.
 
      - The Company also introduced India's Largest Wall Tile,
 measuring
        400mm x 300mm.
 
 2000 - The Company has announced its maiden bonus issue in the ratio
 of
              1:1.
 
           - Crisil has upgraded its rating assigned to company's Rs
 7.2-crore NCDs
              issue from BB+ to BBB-.
 
           - The company has allotted 23,40,000 No. of Equity shares
 of Rs 10/- each as
              fully paid Bonus Shares on 26th Sept. 2000.
 
            - The Company is implementing an Expansion Project for
 increase in installed
               capacity by 40,000 TPA at the existing site.
 
 2007
 
 -The Company has issued Bonus Shares in the Ratio of 5:4.
 
 2008
 
 -Orient Ceramics & Industries has recommended a Dividend of 5%
 
 2009
 
 -Orient Ceramics & Industries has received Carbon Credits certified
 by Tuv Nord Cart Gmbh, Germany
 
 2010
 
 -Orient Ceramics and Industries Ltd. (OCIL) has entered into a share
 purchase agreement with Bell Ceramics Ltd.
 
 2011
 
 -Orient Ceramics have recommended a dividend of Rs. 2/- per share 
 
 2012
 
 -Mr. Jaywant M. Puri has been appointed as Vice President (Finance &
 Accounts) of the company.
 
 -The name of the company has changed from Orient Ceramics And
 Industries Ltd. to Orient Bell Limited 
 
 -Mr. K. M. Pai, has been appointed as Additional Director on the
 Board of Directors of the Company
 
 -Company has changed its name from Orient Ceramics and Industries
 Ltd. to Orient Bell Ltd.                                             
              
                                        
 2013
 -Orient Bell Ltd. has been launched a website www.tilestalk.com to
 provide the tile education service.
 -Orient Bell - Bell Tiles launched company owned Bell Tile Boutique
 (BTB) in Bangalore.
 
 2014
 -Board recommended a dividend of Rs. 0.50 per share (face value Rs.
 10/- per share).
 -Ms. Tanuja Joshi has been appointed as Additional Director of the
 company.
 
 2015
 -Orient Bell has entered into an Agreement for acquiring 19.5% equity
 stake with a Ceramic Tile Manufacturing Company at Morbi (Gujarat).
 -Orient Bell Ltd has informed the website address of the Company has
 been changed from www.orientbell.com to www.oblcorp.com.