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રબ્બર પ્રોડક્ટ્સ > કંપનીનો ઈતિહાસ > Rubber > કંપનીનો ઈતિહાસ ના રબ્બર પ્રોડક્ટ્સ - બીએસઈ: 526496, ઍનઍસઈ : N.A

રબ્બર પ્રોડક્ટ્સ

બીએસઈ: 526496  |  ઍનઍસઈ : N.A  |  ISIN: INE430C01017  |  Rubber

કંપનીનો ઈતિહાસ - રબ્બર પ્રોડક્ટ્સ
1965 - The Company was incorporated on 9th December 1965 as a private
        limited company and was subsequently converted into a public
        limited company on 25th September 1989.
 
      - The Company was promoted by a team of professionals
 comprising
        late Mr Narayan L Shetty, Mr Sadanand A Shetty, Mr Subbaya C
        shetty and Mr S Krishnadas Shetty.
 
 1977 - The Rubber Products Pvt Ltd became a medium scale unit,
        registered with the DGTD in February and also received a
        recognition from the Ministry of Science & Technology,
 Government
        of India for its R & D unit, in October, 1982.
 
      - The Rubber Products Ltd is engaged in the manufacture of
 various
        rubber goods, that cater to the needs of a wide range of
        industries.  The broad product categories manufactured by the 
 
        Company are hose pipes, rubber sheet, moulded rubber items,
        extruded rubber products and coated fabrics.
 
      - The company has a subsidiary, namely Rubber Products
        International (India) Pvt Ltd (RPIIL).  RPIIL is engaged in
        export trading in rubber and related goods.  RPIIL is also
        engaged in the export of goods manufactured by RPL against
        orders.
 
 1992 - A new Company under the name and style Rubber Products
        International (India) Private Limited was promoted as a
        subsidiary for trading export business.
 
 1994 - During the year under review the Company issued 12,00,000 No.
 of
        Equity Shares by way of Bonus Shares in the ratio of 3:1. 
 With
        this issue of Bonus Shares, the paid up Equity Share Capital
 of
        the Company increased from Rs. 40 lacs to Rs. 160 lacs.
 
      - The Company has made a public issue of 20,00,000 No. of
 Equity
        Shares of Rs. 10/- each for cash at a premium of Rs. 20/- per
        share in April in addition to 4,00,000 Equity Shares
 reserved,
        for Promoters for preferential allotment.
 
      - The aggregate amount so raised would be Rs. 720 lacs
 representing
        Share Capital of Rs. 240 lacs and Share Premium Account of
 Rs.
        480 lacs.
 
      - The company has developed product from hypolon polymer like   
   
        silicon and viton.
 
 1995 - During the year under report, as part of expansion and
        modernisation programme, the Company has installed some more
        items of machinery and equipments.
 
      - As part of expansion programme, the Company proposes to
        manufacture flooring sheets in continuous length.
 
 1996 - During the current year, the Company has effected shipments
 to
        Australia.
 
      - The Linatex Division has developed highly abrasion resistant
        moulded components for slurry pumps.
 
 1997 - The company has set its sights on buying up rubber
 plantations
        in Kalimantan in Indonesia, having recently abandoned a 
        million joint venture with the Vietnamese military to set up
 a
        30,000-hectare rubber plantation in the country.
 
        Harrisons Malayalam and the Vietnamese military had signed a
        memorandum of understanding for a 60 per cent stake in the
        joint venture in June.
 
      - The Company has installed one imported Rotocure machine which
 was
        commissioned on 26th September.  The production capacity has
        increased which will reflect in additional export in the
 years
        ahead.
 
      - On acquiring Rs 25 lakhs shares the `Cosmos' became subsidiary
 of
        the Company.  Cosmos became Public Company under Section 43A
 of
        the Companies Act, 1956.
 
 1998 - The Company has been accredited with ISO 9002 certificate by
 Det
        Norske Veritas - Netherlands during the year.
 
      - The Company is exploring the possibility of diversifying into
        activities in related items viz development of Rubber to
 metal
        bonded items etc.
 
      - The Board has also evolved a scheme for the
        revival/rehabilitation of sick industrial co-operatives
 through
        share capital participation to the extent of Rs.2 lakhs,
        subject to the fulfillment of certain special conditions.
 
 1999 - The Company is emphasizing on expanding export market.  The
        Company has also developed extrusion capacity to cater to the
        Export needs.
 
      - 15,10,020 Shares of Rs. 10/- each allotted as fully paid up
 Bonus
        Shares by capitalisation of General Reserve.
 
 2000 - The Company has decided, subject to necessary approvals, to
 merge
        the subsidiary company, Rubber Products International (India)
        Ltd. with the holding company.
 
 2003-Delisting of shares from Ahmedabad, Bangalore and Delhi Stock
 Exchange
 
 2007
 -Rubber Products Ltd has informed that the Company's directorate has
 changed due to the sad demise of the Chairman Mr. Sadanand A Shetty
 on February 23, 2007.
 
 2012
 -Ms. Mangal Katakdhond has been appointed Company Secretary of the
 company.
 
 2013
 -Rubber Products Ltd has considered and approved the scheme of
 Amalgamation of The Cosmos India Rubber Works Ltd. With The Rubber
 Products Ltd., as directed by BIFR.
 
 
સ્તોત્ર: રેલીગેર ટેકનોવા


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