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એમકો > કંપનીનો ઈતિહાસ > Electric Equipment > કંપનીનો ઈતિહાસ ના એમકો - બીએસઈ: 504008, ઍનઍસઈ : EMCO

એમકો

બીએસઈ: 504008  |  ઍનઍસઈ : EMCO  |  ISIN: INE078A01026  |  Electric Equipment

કંપનીનો ઈતિહાસ - એમકો
YEAR                       EVENTS
 1965 - The Company was incorporated on 15th May at Mumbai.  The main
        object of the Company is to manufacture various types of high
        tension transformers. 
 
 1967 - 12,167 shares issued to Emco Electrical (P) Ltd., without
 payment
        in cash 5,959 shares issued to collaborators against supply
 of
        plant and machinery.  12,000 shares issued to the public in
        August.
 
 1973 - 10 No. of Equity shares forfeited for non-payment of calls.
 
 1976 - 1 forfeited share reissued.  14,880 Bonus shares issued in
 prop.
        of 1:2 in November 1977.
 
 1979 - With effect from 1st July, Emco Esta Capacitors Ltd.(EECL)
 was
        amalgamated with the Company.  As per the Scheme of
 Amalgamation,
        the Company allotted one equity share of Rs.100 each for
 every
        two shares of EECL.  Likewise, one 11% cumulative redeemable
        preference share of the Company was to be allotted for every
 one
        preference share of EECL.
 
 1980 - 4,495-11% pref. and 3,873 No. of Equity shares allotted
 without
        payment in cash to members of Emco Esta Capacitors, Ltd. on
 its
        merger.  Rs.33.33 from each pref. share redeemed on 13th May
        1981.
 
 1982 - The balance from each pref. share redeemed in two instalments
 in
        September and December.
 
 1983 - There was labour unrest from March to June which compelled
 the
        Company to declare a lockout from 1st July.  The lock-out in
 the
        transformer division was lifted from 26th July, and there was
        hardly any production till the end of September 1984.
 
 1985 - Sales declined marginally to Rs.2.30 crores and the Company's
        operations resulted in a loss.
 
      - The Company revalued its fixed assets and the surplus of
        Rs.178.07 lakhs arising out of this was credited to
 revaluation
        reserve.
 
 1986 - The Company entered into a technical collaboration agreement
        with General Electric Co., U.S.A. for manufacture of voltage
        regulators.
 
      - Also, Government approval was received for extension of the
        technical collaboration agreement for various types of
        transformers, for a further period of 5 years.
 
      - Palanpur Engineering and Fabrications Pvt. Ltd. was promoted
 as
        subsidiary of the Company. 
 
 1987 - The Company proposed to upgrade their technology under the
        scheme announced by the Government of India.
 
 1990 - All steps were taken to implement the modernisation and
        technology upgradation programme.
 
 1991 - Equity shares sub-divided.  Authorised capital increased.
 
 1992 - The Company implemented and commissioned the modernisation
 and
        technology upgradation project.
 
      - The Companies collaborators are BBC-Sacheron SA, Switzerland,
        Ferranti, Ltd., U.K. and Ero Starkstorm, Kondensatoren GmbH,
 West
        Germany.
 
 1993 - The Company made an issue of 3,52,941 shares of Rs.10 each at
 a
        premium of Rs.75 per share aggregating to Rs.300 lacs.  Out
 of
        this, 3,39,654 Right Equity shares issued (prem. Rs.75 per
 share,
        prop. 7:10).  Another 4,250 No. of equity shares allotted to
        employees (prem. Rs.75 per share).
 
 1995 - The Company entered into a technical and Financial
 collaboration
        with ABB for 30 years.
 
      - During March/April, the company offered 10,59,124-10% secured
        redeemable partly convertible debentures of Rs 355 each on
 right
        basis to the existing shareholders in the ratio of IPCD: 1
 equity
        share.  All were taken up.
 
      - Part `A' of Rs 230 was to be automatically converted into 2
        equity share at a premium of Rs 105 per share on allotment. 
 Part
        `B' of Rs 125 was to be redeemed at the end of 5th year from
 the
        date of allotment.
 
      - 21,18,248 shares issued on conversion of part `A' of PCD.
 
 1996 - The Company commissioned its largest transformer of 200
 MVA/220
        KV for MSEB.
 
      - The Company is one of the market leaders in 132 kV voltage
        segment.  The Company is also a leader in the Special
 Transformer
        business Furnace Transformers (for steel industry) Rectifier
        Transformers (for chemical industry) etc.
 
      - During the year the Company was awarded the ISO 9001
 Accredation
        from BVQI - an internationally reputed agency at the first
        instance.
 
      - The Company is the first in INDIA to successfully carryout
        Dynamic short-circuit test on a 220 KV class transformer.
 
 1998 - The name of the company has been changed from Emco
 Transformers
        Ltd., to Emco Ltd.
 
 2002-Emco Ltd has informed  that Mr Mangharam Pritamdas Devnani has
 been appointed as Additional Director.
 
 2004
 
 -Emco enters into MoU with TAMCO
 
 2007
 
 -Emco Limited has appointed Mr. William Fernandes as a Company
 Secretary w.e.f. 9th April 2007 and also appointed as a Compliance
 Officer in place of Mr. Ganesh Tawari.
 
 2008
 
 - The Company has splits its face value from Rs10/- to Rs2/-.
 
 2010
 
 - Emco Ltd has appointed Mr. Anil Kumar Sardana as Independent
 Director on the Board of the Company.
 
 2011
 
 -Emco Ltd has recommended a dividend of Re. 0.20/- per equity share 
 
 -Mr. Sanjay Bhatnagar joins Board of EMCO Ltd as Independent
 Director
 
 2012
 
 -EMCO Ltd commissions - 5 MW Photovoltaic Solar Power Plant in
 Gujarat.
 
 -EMCO bags Prestigious order worth Rs. 161.2 Crores from NTPC Ltd.
 
 2013
 
 -EMCO bags order worth Rs. 458 Crores from PGCIL for 800 KV HVDC
 Transmission Lines.
 -EMCO Limited acquires 100% Equity share capital of Shekhawati
 Transmission Service Company Limited (STSCL).
 
 2014
 
 -EMCO has recommended a dividend of Re. 0.10 paise per equity share
 of face value of Rs. 2/- each (5%) for the financial year ended March
 31, 2014.
 -Mr. Ganesh Tawari has been appointed as Compliance Officer of the
 Company.
 
 2015
 -Emco to incorporate wholly owned subsidiary in Dubai
 
સ્તોત્ર: રેલીગેર ટેકનોવા


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