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Company Information

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HINDUSTHAN NATIONAL GLASS & INDUSTRIES LTD.

02 September 2025 | 12:00

Industry >> Glass & Glass Products

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ISIN No INE952A01022 BSE Code / NSE Code 515145 / HINDNATGLS Book Value (Rs.) -86.29 Face Value 2.00
Bookclosure 30/09/2024 52Week High 31 EPS 2.90 P/E 3.05
Market Cap. 79.17 Cr. 52Week Low 9 P/BV / Div Yield (%) -0.10 / 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.
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.

2018

ISO 45001:2018 - Manufacture & Dispatch of Glassware incl. Applied Ceramic Labelling

2020

-CII ENCON Award 2020 ,Large Scale Category of Energy Conservation

2025

-Adjudicating authority approved Resolution plan of Independent Sugar Corporation Limited (INSCO) pursuant to Supreme court's Judgement in Independent Sugar Vs Girish Juneja & Others on 29th Jan 2025