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YEAR EVENTS
1992 - The company was incorporated on 29th January as a Public Limited Company
under the Companies Act, 1956 and obtained the Certificate of Commencement
of business on 10th February.
- The main object of the Company is to manufacture 15 LCKM of Jelly Filled
Communication Cables by a single stream plant in collaboration with :ESSEX
Group Inc., of USA.
1995 - The Company public issue of 67,99,500 No. of equity shares of Rs. 10/- each for
cash aggregating Rs. 705 lacs, comprising 8,35,000 equity shares of Rs. 10/- each
at a premium of Rs. 3/- aggregating Rs. 108.55 lacs and 59,64,500 equity shares
of Rs. 10/- each for cash at par aggregating Rs. 596.45 lacs was made during the year.
- Sri G.V.B.R. Reddy, Director of the Company retires by rotation and being eligible
offer himself for re-appointment.
1999 - Sarvashri.S.M.Prasad, M.Bhaskar Rao and Dr.Gandhiji Yalamanchili, Directors of
the Company retire by rotation and being eligible offer themselves for re-appointment.
2000
-The Company have passed a resolution allotting 1,60,00,000 warrants convertible into equity shares on preferential basis to the persons other than promoters and promoter's group.
-The Company has entered into agreements with National Securities Depository Limited and Central Depository Securities Limited
2003
-GR Cables has launched manufacture of Halogen free flame retardant Cables,
-GR Cables sets up a fully owned subsidiary in Sri Lanka known as Gold Island Cables Pvt Ltd, which will target on manufacturing of telecom and power cables.
2004
-G.R. Cables has developed and manufactured halogen-free cables of international standards at competitive cost.
2005
-GR Cables bags 120 million order from BSNL for PIJF cables.
-The Company has bagged an order for Rs 50 million from BSNL for PIJF cables in addition to Rs 120 million order recently received from BSNL.
-GR Cables launches power cables for Electricity Boards
-GR Cables launches CAT 6 higher bandwidth carrying Ian cable
-GR Cables receives orders worth Rs 1.4 cr for its new range of cables
-GR Cables secures order worth Rs 9.30 mn for PIJF & Switch Board Cables
-The Company has received its first order for Rs 3 million for its special range of power cables from Northern Power Distribution Company Ltd.
2008
-The company has designated E-mail ID for Investor Complaints:
grcables10@gmail.com
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