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EXCEL CASTRONICS LTD.

13 August 2018 | 12:00

Industry >> Chemicals - Others

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ISIN No INE501O01036 BSE Code / NSE Code 526735 / EXCAST Book Value (Rs.) 2.81 Face Value 2.00
Bookclosure 24/09/2016 52Week High 2 EPS 0.39 P/E 1.07
Market Cap. 1.71 Cr. 52Week Low 0 P/BV / Div Yield (%) 0.15 / 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.
Ahmedabad Gases Ltd, was incorporated as a private limit of Companies, Gujarat, at Ahmedabad, on 25-08-92 under the Companies Act, 1956. The Company was later converted Into a public limited c passed by the Company on 20-10.92 and a fresh Certificate was obtained on 9-11-92. It is proposed to manufacture industrial and medical gases at G.I.D.C. Industrial Area, Vatva, Ahmedabad in the State of Gujarat. Total cost of the project is estimated to be Rs.365 lacs. The Company has already installed some prime machinery and production of oxygen has already commenced. PRESENT BUSINESS After incorporation, the Company started trading activities in 1992. The Company commenced the production of gases from September 1993 on installation of machinery. MAIN OBJECTS OF THE COMPANY The main objects of the Company as set out in the Memorandum of Association of the company Includes inter-alia the following : To carry on business of manufacturers, processors, producers, mixers, importers, suppliers, stockists, distributors, sellers, buyers and to otherwise deal all kinds of Industrial amd medical gases and gaseous substances, their products and bye products without. prejudice to the generality in the aforesaid oxygen, nitrogen, liquid oxygen, dissolved acetylene, compressed air, argon, ammonia, freeon, carbondioxide, dry ice, nitrous Oxide special gases and gas mixtures carbonic acid, hydrogen or, any process. To carry on the business of manufacturers producers, processors, mixers, importers, exporters, suppliers, buyers, sellers and to otherwise deal in lamps of containing gases, gas manufacturing plants and apparatus and accessories. SUBSIDIARIES The Company has no subsidiary. 2011 -Registered Office of the Company has been shifted From Plot No. 2021, Vatva G.I.D.C, Phase III,Vatva, Ahmedabad - 382 445 To Ahmedabad Gases Ltd 111/952 Nirmal Appartment, Sola Road, Naranpura, Ahmedabad -380 064. 2012 -Excel Castronics Ltd has been amalgamated with Indus Coils and Plates Limited. 2013 -The Company has changed its name from Ahmedabad Gases Ltd to Excel Castronics Ltd. 2014 -Registered Office of the Company has been shifted From Ahmedabad to "The Imperial Heights", B-301/302, 3rd Floor, Opp. Big Bazaar, 150 Ft Ring Road, Rajkot-360005. -Excel Castronics has splits its face value from Rs 10/- to 2/- 2015 -Excel Castronics Ltd has informed the Company have decided to start a Corporate Office of the Company at below given address for better business opportunity: Excel Castronics Ltd 509, Shalimar Morya Park, Off. New Link Road, Opp. Infinity Mall, Andheri West, Mumbai - 400053.