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Company Information

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AVATAR INDUSTRIES LTD.

08 September 2026 | 03:52

Industry >> Forgings

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ISIN No INE617I01024 BSE Code / NSE Code / Book Value (Rs.) 34.00 Face Value 10.00
Bookclosure 19/09/2020 52Week High 258 EPS 0.36 P/E 677.09
Market Cap. 252.51 Cr. 52Week Low 46 P/BV / Div Yield (%) 7.13 / 0.00 Market Lot 2,000.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The Company was originally formed as a partnership firm constituted under the Indian Partnership Act, 1932 on
September 01, 1983 under the name Ajanta Industries. Ajanta Industries was thereafter converted from a partnership firm to a private limited company under Part IX of the Companies Act, 1956 as Ajanta Composite Private Limited and a certificate of incorporation was issued by the Registrar of Companies, Bihar ("RoC") on February 20, 1992. The name of the Company was changed to ASL Industries Private Limited and a fresh certificate of incorporation consequent upon change of name was issued by the RoC Bihar & Jharkhand on January 22, 2003. Pursuant to an order passed by the Company Law Board, Eastern Region Bench, Kolkata bearing order dated August 04, 2004, the registered office of the Company was shifted from state of Jharkhand to West Bengal on September 23, 2004. Subsequently the Company was converted into public limited Company pursuant to shareholders resolution passed at the Extra-Ordinary General Meeting held on February 26, 2016 and the name of the Company was changed to ASL Industries Limited. A fresh certificate of incorporation consequent upon conversion to public limited Company was issued by the RoC on March 15, 2016. The Corporate Identification Number is U36900WB1992PLC099901.

Major Events and Milestones

1992 Conversion of Partnership firm "Ajanta Industries" into " Ajanta Composite Private Limited

2015 Acquisition of the forging division from ASL Enterprises Limited on a going concern basis

2016 Conversion from Private Limited Company to Public Limited Company

Awards and accreditations

2016 Granted ISO/TS 16949:2009 by the Bureau Veritas for the Quality Management System.

2016 Granted ISO 14001:2015 by the TNV Certification Private Limited for the Environment Management System.

2016 Granted OHSAS 18001:2007 by the TNV Certification Private Limited for the Occupational Health and Safety Management System.