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Company Information

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DYNAMIC CABLES LTD.

15 May 2025 | 03:56

Industry >> Cables - Power/Others

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ISIN No INE600Y01019 BSE Code / NSE Code 540795 / DYCL Book Value (Rs.) 138.13 Face Value 10.00
Bookclosure 23/06/2025 52Week High 1095 EPS 26.75 P/E 30.49
Market Cap. 1976.51 Cr. 52Week Low 455 P/BV / Div Yield (%) 5.91 / 0.00 Market Lot 1.00
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 and registered as a partnership firm under the Partnership Act, 1932 in the name and style of "M/s. Ashish Fluxes and Chemicals", pursuant to a deed of partnership entered between Late Mr. K.M. Mangal and Late Mr. Anil Mangal in 1984. Later the partnership firm was registered with Registrar of Firms, Jaipur, Rajasthan vide certificate dated October 25, 1988. The terms, conditions and Clauses of partnership firm was changed from time to time including addition and retirement of partners vide partnership deed dated December 15, 1990; September 13, 1991; March 27, 1992; December 30, 1995 and January 01, 2007 respectively. Further "M/s Ashish Fluxes and Chemicals with its branch M/s Dynamic Engineer" was converted from partnership firm to a Private Limited Company under Part IX of Companies Act, 1956 in the name of "Dynamic Cables Private Limited" vide Certificate of Incorporation dated April 03, 2007, bearing registration No. 024139 issued by Registrar of Companies, Rajasthan, Jaipur and CIN No. U31300RJ2007PTC024139. Subsequently the Company was converted into a public limited company and the name of the Company was changed from "Dynamic Cables Private Limited" to "Dynamic Cables Limited" vide special resolution passed by the Shareholders at the Extra Ordinary General Meeting held on August 16, 2017. A fresh Certificate of Incorporation consequent upon conversion into public limited company was granted to the Company on August 22, 2017 by the Registrar of Companies, Rajasthan, Jaipur having corporate Identification Number U31300RJ2007PLC024139.

Year Key Events / Milestone / Achievements

1984

- Started business as partnership firm in the name and Style of M/s Ashish Fluxes and Chemicals.

1987

- Started Commercial Production for manufacturing of conductors in Unit - I

2007

- Conversion of M/s Ashish Fluxes and Chemicals with its Branch M/s Dynamic Engineer into private Limited

Company Dynamic Cables Private Limited

2009

- Started Commercial Production for manufacturing cables and conductors in Unit - III

2012

- Started job work of Cutting,notching of Prime CRGO Electrical Steel for Mangal Electrical Industries Private Limited in Unit II

2017

- Conversion of the Company from Private Limited to Limited Company

2019

- Company bagged orders worth Rs. 32 Crores from one of the largest domestic EPC company of India, for manufacturing and supply of HV & LV cables.

2024 -The Company BOD approved the launch of new product -Solar Power Cable.