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Vindhya Telelink

BSE: 517015|NSE: VINDHYATEL|ISIN: INE707A01012|SECTOR: Cables - Telephone
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Company History - Vindhya Telelink
YEAR                       EVENTS
 1983 - The Company was incorporated on 27th January, at Bhopal.  The
        Company was promoted in the joint sector by Madhya Pradesh
        Audyogik Vikas Nigam (MPAVN) and Universal Cables, Ltd.
 
      - The main object of the Company is manufacture of jelly filled
        telephone cables.
 
      - The Company entered into a technical collaboration agreement
        with Ericsson Cables AB of Sweden beloging to L.M. Ericsson
        Group.  As per the agreement, Ericsson Cables were to provide
 all
        technical and process know-how for the manufacture of
 polyethlene
        insulated jelly filled telephone cables with scope for
 extension
        to other fields of telecommunication cables including the
 most
        advanced technology of fibre optic telecommunication cables,
 etc.
 
 1984 - Out of the total shares, 19,89,000 shares held by MPAVN.
 
 1985 - 9,75,000 No. of equity shares issued at par out of which the
        following shares were reserved for preferential allotment:
 38,200
        shares to business associates, 95,600 shares to employees
        (including Indian directors)/workers of the Company and
 3,50,000
        shares to non-resident Indians on repatriation basis (All
 except
        91,700 shares of the employees quota were offered for public
        subscription during February 1986.
 
 1986 - Simultaneously with the public issue of equity shares during
        February, MPAVN offered for sale to the public 9,36,000 No.
 of
        equity shares of Rs.10 each at par out of its holding.
 
 1989 - Expansion of the installed capacity from 6.25 lakhs CKM to
 12.5
        lakh CKM per annum was completed.
 
      - As on 1st April, the Company revalued its plant and machinery
 and
        the net surplus of Rs.945.32 lakhs arising out of it was
 credited
        to revaluation reserve.
 
 1990 - The Company incurred a capital expenditure of Rs.403.90 lakhs
 for
        expansion, manufacture of new products and for updating of
        technology.  An Industrial Licence for manufacture of
        coiled/straight cords were received.  The Project for
 manufacture
        of such cords was implemented under technical collaboration
 with
        M/s. Ericsson Cables AB of Sweden.
 
 2002-Vindhya Telelinks Ltd has informed that Mr Rajeev Kumar Jain who
 was employed interalia as whole time Company Secretary has resigned
 from the services of the Company w e f May 16, 2002.
 
 -Vindhya Telelinks Ltd has informed that Shri P K Rai has resigned
 from the Board with effect from November 30, 2002.
 
 2003
 
 - Re-appointment of Shri R G Mundra as Managing Director of the
 Company, not liable to retire by rotation, for a further period of
 one year.
 
 2004
 
 -Vindhya Telelinks Ltd has appointed Shri Harsh Vardhan Lodha as an
 Additional Director on the Board of the company w.e.f. May 05, 2004
 
 - Delist from Madhya Pradesh Stock Exchange
 
 2006
 -Vindhya Telelinks Ltd. has appointed Shri R Radhakrishnan as
 wholetime Company Secretary & Compliance Officer of the Company with
 effect from November 01, 2006.
 
 2007
 
 - Vindhya Telelinks Ltd - E-mail ID for Investor Complaints is
 nvestorgrievance@vindhyatelelinks.com.
 
 2010
 
 - Vindhya Telelinks Ltd has appointed Shri Harsh V. Lodha as Chairman
 of the Company.
 
 2014
 
 -Vindhya Telelinks Ltd has informed that the Board of Directors of
 the Company have recommended a dividend on equity shares @20% for the
 year 2013-14.
 -Vindhya Telelinks earns order worth Rs 1036 cr from BSNL.
 
 
Source : Dion Global Solutions Limited
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