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ISIN No
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INE144C01014
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BSE Code / NSE Code
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530711 / JAGANLAM
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Book Value (Rs.)
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41.49
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Face Value
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10.00
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Bookclosure
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29/09/2024
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52Week High
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112
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EPS
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4.02
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P/E
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16.51
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Market Cap.
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48.47 Cr.
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52Week Low
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61
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P/BV / Div Yield (%)
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1.60 / 0.00
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Market Lot
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1.00
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Security Type
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Other
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The company history sections lists out major chronological events that happened to the company.
| Jagan Li-Tech Lamps Limited was incorporated as a Public Limited Company on 8th January, 1993 and obtained Certificate of Commencement of business on 2nd February, 1993 from the Registrar of Companies, Delhi & Haryana. The registered office of the company is in Delhi and the proposed plant is to be located at Kundli, Distt. Sonepat (Haryana).
The Company entered into a foreign collaboration agreement, both technical and financial, on 2nd April, 1993 with M/s Li-Tech Corporation, South Korea for manufacture of H4 Type Halogen Lamps. The collaborator is providing the Indian Company with technical know-how for the manufacture of the product. Major raw materials and plant and machinery for the proposed project are also being provided by the collaborator. The Foreign Collaborator will also depute his Technical personnel for training the personnel of the company in functions relating to design & manufacture of products.
The Company expects to commence commercial production from April, 1995.
The company after obtaining certificate of incorporation has finalised the arrangement with foreign collaborator, completed the formalities for acquisition of land, obtained necessary approvals from various authorities connected with the project and got the limits sanctioned by Union Bank of India. The company has also commenced construction of factory building, and finalised orders for various items of indegenous machinery.
2020
-The Company is entering into the Production of Electric Vehicles by launching its first Electric Bike under his brand name 'NEUTRON'
2024
-The Company BOD approved the proposal for expansion of production capacity of Lamps.
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