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ડનલપ ઇન્ડીયા > કંપનીનો ઈતિહાસ > Tyres > કંપનીનો ઈતિહાસ ના ડનલપ ઇન્ડીયા - બીએસઈ: 509130, ઍનઍસઈ : DUNLOP

ડનલપ ઇન્ડીયા

બીએસઈ: 509130  |  ઍનઍસઈ : DUNLOP  |  ISIN: INE509A01012  |  Tyres

કંપનીનો ઈતિહાસ - ડનલપ ઇન્ડીયા
YEAR                       EVENTS
 1926 - The Company was Incorporated at Calcutta.
 
      - The Company opened its first factory at Sahaganj in 1936 and
 it 
        pioneered the manufacture of a number of products such as
        automobile and aeroplane tyres, cycle tyres and rims and 
        pneumatic tyres for the bullock carts.
 
      - The Company's object is to manufacture rubber goods of all
        descriptions and other items related thereto.
 
 1952 - The Company commenced production of Dunlop foam cushioning.
        Manufacture of transmission belting and Vee belts was also
        started.  Conveyor belting and long length braided hose were 
        added to the range later on.
 
 1965 - 20,00,000 bonus equity shares issued in the prop. 1:3.
 
 2004
 
 -Dunlop inks pact with Apollo to Revive TN unit
 
 1966 - In December, 20,00,000 bonus equity shares issued in the
 prop.
        1:4.
 
 1972 - On 18th August, 10,00,000 right equity shares issued in the
 prop.
        1:10 at a prem. of Rs.11 per share.
 
 1976 - 36,66,667 bonus equity shares issued in prop. 1:3.
 
 1977 - 3,30,000 No. of equity shares issued to LIC, ICICI, UTI, GIC
 and
        its subsidiaries in the ratio of their commitment to subscribe
 to
        the company's debenture stock and in lieu of their option to 
        convert any part of these debentures into shares.
 
 1979 - India Tyre & Rubber Co. (India) Ltd. with an issued and
 paid-up
        capital of 1,40,000 No. of equity shares of Rs.10 each became
 a
        wholly owned subsidiary of the Company with effect from 16th
        July.
 
 1983 - 39,86,340 No. of equity shares issued in part conversion of
 13.5%
        (4,00,000 deb. of Rs.300 each) secured convertible
 debentures.
 
 1984 - The Company issued 15% non-convertible debentures of Rs.10
 crores
        The allotment was made on 16th November.  The said debentures
        fall due for redemption on 15th November, 1991.  Financial
        Institutions holding 8,11,824 debentures consented for
 deferment
        of redemption of the said debentures.
 
      - The balance 1,88,176 debentures were redeemed.  Unclaimed
        debentures at the end of the period amounted to Rs.0.48
 crores.
 
      - 6,190 No. of equity shares issued in part conversion of 13.5%
        debs. (remaining 747 debs. forfeited).
 
 1986 - The company also took up in hand a project for augmenting the
 fan
        and vee belt production capacity in collaboration with
 Mitsubishi
        Belting, Ltd., Japan.
 
      - The steel cord conveyor belting plant which was set up with
 the
        assistance of BTR Belting, Ltd., U.K. was commissioned.
 
 1987 - New service centres and Dunlop points were opened to further
        strengthen the Company's distribution network.
 
      - DIL properties Pvt. Ltd. became a subsidiary of the Company
 and
        DIL Finance Pvt. Ltd. incorporated during the year was made a
        subsidiary of the DIL Properties Pvt. Ltd.  Dunlop Industrial
        Finance Ltd. and Sahaganj Industrial Finance Ltd. became 
        subsidiaries of the Company's wholly owned subsidiary, the
 India
        Tyres and Rubber Co. (India), Ltd., Dunlop Finance Company
 Pvt.
        Ltd. and Dunlop Investment Pvt. Ltd. are also subsidiaries of
 the
        company.
 
      - The Company made necessary applications for approval for the
        conversion of preference share capital into 14% secured
        non-convertible bonds.
 
      - 100 No. of equity shares issued in part conversion of 13.5%
        debentures.
 
 1988 - The overall working was affected by a 97 days strike at the
        Sahaganj factory from 1st August to 5th November.  A 4.3 KVA
        generator was imported from Sulzer, Poland and installed at
 the
        factory.  Also, a new set of imported radial tyre making
 machines
        were installed to double its production.
 
      - Some of the new products introduced were the new range of
 truck
        tyres, lug tyres for light commercial vehicles and tyres for
 two
        wheelers under the brand name `Spectra-wide'.  The Company
        developed a 2,400 mm wide steel cord belting of very high
        strength, to be supplied to Neyveli Lignite Corporation.
 
      - Approvals from High court, Calcutta, was received.  The
 Company
        Law Board, however preferred an appeal against the High
 Court's
        Order.  The Company hence made an appeal to the Supreme
 Court.
        The Company's appeal was turned down by the Supreme Court and
 the
        preference shares and second cumulative preference shares
 were
        redeemed on 14.6.1993.
 
      - The Company proposed to issue 94,94,649 - zero interest
 secured
        redeemable partly convertible debentures of Rs.200 each.
 
      - Part A of Rs.40 of the face value of each debenture was to be
        converted into 1 equity share of Rs.10 each at a prem. of
 Rs.30
        per share on allotment of debentures.
 
      - Part B of Rs.160 of the face value of each debenture was to
 be
        redeemed at Rs.30, Rs.30, Rs.30, Rs.30 on 30th September 1996
 to
        30th September 1999 respectively.
 
      - Dunlop Rim & Wheel Co. Ltd., U.K. the holding Company holds
        75,15,229 No. of equity shares of the Company.
 
      - The 8% Cumulative Preference shares are unconditionally 
        guaranteed as to repayment of capital and divided by the
 holding
        Company, `Dunlop Rubber Co. Ltd.' England.
 
 1990 - A new truck tyre `X 100' was introduced in the market.
 
      - An application was made to Government for setting up a third
 tyre
        factory in Maharashtra which would be utilised for the 
        manufacture of All Steel Radial Truck Tyres.
 
      - The Company decided to issue 30,00,000 - 14% non-convertible
        debentures of Rs.100 each on private placement to financial
        institutions and banks of which 3,00,000 debentures were
 issued.
 
 1991 - The Company allotted 7,00,000 - 14% secured non-convertible 
        debentures of Rs.100 each to financial institutions on
 private
        placement basis.  These are redeemable during the period 
        1997-2000.
 
 1992 - The debentures held by Financial institutions and Army group
        extended the period of redemption by three years effective
 15th
        November, 1993.
 
 1994 - Some new items were introduced in the aero tyre as well as in
        belting areas.  Two new brands viz. Glider textile belted car
        radial tyre and Mahaan a heavier rear wheel tractor tyre were
        well received in the market.
 
      - The Company undertook a focussed efforts towards reorganising
 and
        restructuring at its two factories viz. Sahaganj and
 Ambattur.
 
      - The Company proposed to set up a third factory in the joint
        sector to manufacture steel radial tyres at the Salvi
 Industrial
        Estate, Baroda.  A MOU was signed with GIIC, for the said
 project
 
 1995 - In addition to capacity upgradation at its Sahaganj factory,
 the
        company undertook to set up a huge integrated hose
 manufacturing
        facilities in Mysore, Karnataka with the state-of-the-art
        equipment got from Germany & UK.
 
      - The Company entered into a technology tie up with Sumitomo
 Rubber
        Industries, Japan (SRI) Mitsubishi Belting Ltd., Japan & BTR,
        U.K.
 
      - The following foreign collaboration agreements were entered
 into:
    
      - (i) with Sumitomo Rubber Industries, Japan for a renewed tyre
        design and production know-how,
 
      - (ii) With Dunlop, Ltd., U.K. for technology in aviation tyres
 and
 
      - (iii) with Mitsubishi Belting, Ltd., Japan for power
 transmission
        belts.
 
      - The Honourable high court sanctioned a scheme of amalgamation
 of
        DIL properties Ltd., Sahaganj Industrial Finance Ltd., DIL 
        Finance Ltd. & Dunlop Finance Co. Ltd. with Shaw Wallace 
        Properties Ltd.
 
      - The Company was setting up a joint sector project at Haldia
 to
        manufacture Carbon Black.  A memorandum of understanding was
        signed with WBIDC.  
 
      - An application of the Company was also pending with Govt. for
 the
        manufacture of Nylon `6' Industrial Yarn/Tyre Cord and fabric
 in
        a backward area in Orissa.
 
      - The Company launched a joint venture with Gujarat Industrial
        Investment Corporation Ltd. (GIIC) for a steel radial tyre
        project at Savli Industrial Estate at Baroda.  The project to
 be
        in two phases targets 2.4 million steel radial tyres p.a. 
        covering major categories such as car tyres, truck tyres and
        LCVs.
 
      - The Company proposed to participate in a joint venture of the
        Jumbo Group at Dubai along with local Investment Corporation
 to
        manufacture high performance steel radial tyres for passenger
 and
        high commercial vehicles.
 
      - The company was directed by Honourable Supreme Court to
 install
        pollution control measures at the said factory.  Since it
 could
        not be commissioned in time, the operations of the factory
 were
        suspended during June & upto mid July 1996.
        
 1996 - The Company introduced several new speciality tyres such as 18
 PR
        Mahan Heavy Duty Lug Tyres which already in the first few
 months
        of launch captured a 20% market share in the heavy duty
 segment
        of the domestic tyre industry.
 
      - The Company was embarking on a modernisation-cum-expansion
        programme at its existing plants at Sahaganj and Ambattur. 
 The
        company was also setting up a factility for the manufacture
 of
        state-of-the-art high pressure hoses at Mysore which was 
        expected to commence production during 1998-99.
 
 2001-:Dunlop India Ltd, the Manu Chhabria-owned tyre company, has
 filed a writ petition in the Calcutta High                    Court
 challenging the order of the Appellate Authority for Industrial and
 Financial Reconstruction (AAIFR).
 
 2006
 -Dunlop India Ltd has appointed Mr Mohan Lall as a Director of the
 Company w.e.f. October 31, 2006.
 
 2007
 
 -Dunlop forges alliance with STC for raw material supplies.
 
 -Dunlop India Ltd has appointed M/s. K N Gutgutia & Co., Chartered
 Accountants as the Statutory Auditors of the Company.
 
 -Dunlop India Ltd has appointed Mr. Pratap Shanker Trivedi as an
 Additional Director of the Company w.e.f. May 12, 2007.
 
 2008
 
 - Dunlop India Ltd has informed that the following changes taken
 place in the composition of the Board of Directors of the Company
 
 - Mr. Ravi Chachra has been appointed as an Additional Director of
 the Company w.e.f. January 28, 2008.
 
 2009
 
 -Mr. Rakesh Kumar Budhiraja has also been appointed as the Executive
 Director (being a Whole-time Director) & CEO of the Company 
 
 2010
 
 -Mr. Virendra Kumar Agrawal and Mr. Damodar Prasad Dani has been
 appointed as an Additional Director of the Company 
 
 -Mr. Shiv Narayan Maheshwari has been appointed as CEO of the
 Company
 
 2011
 
 -Mr. Subbaratnam Ravi has been appointed as an Additional Director of
 the Company 
 
 -Mr. Samir Kumar Paul has been appointed as an Additional Director of
 the Company 
 
 2012
 
 -Mr. Kanhaiya Lal Sharma has been appointed as Company Secretary of
 the Company
 
 --Registered Office of the Company has been shifted from King's
 Court, Flat Nos. 14 & 18, 46B, Chowringhee Road, Kolkata - 700071 to
 Flat No. 1, 5th Floor, 9, Syed Amir Ali Avenue, Kolkata - 700017.
 
 2013
 
 -Mr. Ashok Kumar Agarwal has been appointed as a Director of the
 Company
 
 2014
 
 -Mr. Dipak Das has been appointed as an Independent Director of the
 Company w.e.f. May 02, 2014.
 -Ms. Baishali Roy has been appointed as an Independent Director of
 the Company w.e.f. May 29, 2014.
 
 
 
સ્તોત્ર: રેલીગેર ટેકનોવા


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