| YEAR EVENTS
1946 - The company was originally incorporated on 23rd February, under
the name of "Hindustan National Glass Manufacturing Co. Ltd.".
On 22nd November, 1971 the name was changed to the present one.
The company was promoted by Somany Brothers.
- The main objective of the company is to manufacture glass
containers.
- One more glass melting furnace with four glass forming machines
were added. To meet increasing demand one more plant was
installed in 1962.
1993 - The company proposed to install on-line electronic inspection
equipment in a phased manner to ensure production of consistent
zero defect containers.
- 47,40,960 bonus equity shares allotted.
1994 - The Company increased the capacity of one of its furnace by
22,000 tonnes to capitalise burgeoning packaging industry.
During the year, the Company installed on-line electronic
inspection equipment at Bahadurgarh on two pharmaceutical
production lines.
- On a part of diversification the company acquired mining rights
in Rajasthan and EOU status for manufacture of polished Granite
Slabs and Tiles.
1995 - The company proposed to install a new furnace to increase
production by 50,000 tonnes per annum at Bahadurgarh.
- 1,227,072 Right Equity shares allotted to the existing
shareholders in ratio of 1:5.
1996 - The largest furnace at Bahadurgarh plant was shut down for 4
months for relining.
- The company undertook massive modernisation plan at both the
plants to face stiff competition from domestic and overseas
markets.
1999
-HNG has initiated a Rs 40-crore capacity enhancement and upgradation plan at its factory in Rishra West Bengal
2003
-Hindusthan National have recommended payment of dividend @ 5% on equity shares of the company
2004
-Hindusthan National, the commercial production at Furance No.2 of the Company's Rishra Unit has commenced
-Hindusthan National have recommended payment of Dividend @7% i.e. Rs 0.70p per share on Equity Shares of Rs 10/- each
2005
-Hindusthan National has recommended payment of dividend @ 7% i.e. Re 0.70 per share on 11043368 Equity Shares of Rs 10/- each
2006
-Hindusthan National has recommended payment of Dividend @ 7% i.e. Re O.70 per share
2007
-Hindusthan National Glass has purchased the fixed assets of IFCI Ltd.
2008
-Hindusthan National has recommended a dividend of 40% i.e. Rs 4/- per share of the Company.
2009
- Shri Laxmi Narayan Mandhana has been appointed asChief Financial Officer of the Company.
-Hindusthan National has recommended a dividend of 50% i.e. Rs 5/- per equity share of the Company.
-Company has splits its Face value of Shares from Rs 10 to Rs 2
2010
-Hindusthan National Glass has entered into a Joint Venture Agreement with OMCO International NV, Venecolaan 10, 9880 Aalter, Belgium, to jointly set up and operate mould manufacturing facilities in India for the design, manufacturing, marketing and sales of moulds for glass packaging products.
-Shri V. Sridar, has been inducted as an Independent Director of the Company.
2011
-HNG announces acquisition of Agenda Glas AG, Germany, marking international manufacturing foray
-Shri. L N Mandhana, Sr Vice President -cum-CFO has been appointed as the Company Secretary of the company
2012
-Hindusthan National has recommended a dividend of 75% i.e. Rs. 1.50 paise per equity share of the Company having face value of Rs. 2/- each.
-Hindusthan National Glass and Industries celebrates 60 glorious years
-Commencement of Commercial Production at Naidupeta Unit
2013
-Installed capacity increased to 4395 TPD with the introduction of SNR and NDP plant of 650 TPD capacities each.
-Hindusthan National Glass & Industries Ltd has informed that Hindusthan National Glass & Industries Ltd ("HNGIL") and other promoters of HNG Float Glass Limited ("HNGFL") had signed a joint Venture Aggreement.
-"Entering into Joint Venture Agreement with M/s. Trakya Cam Sanayii AS of Turkey".
2014
- Approved the Scheme of Amalgamation of Glass Equipment (India) Limited and Quality Minerals Limited with the Company.
|