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ISIN No
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INE250S01015
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BSE Code / NSE Code
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539762 / MEAPL
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Book Value (Rs.)
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41.54
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Face Value
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10.00
|
|
Bookclosure
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30/09/2024
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52Week High
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50
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EPS
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4.72
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P/E
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7.24
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Market Cap.
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52.73 Cr.
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52Week Low
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24
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P/BV / Div Yield (%)
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0.82 / 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.
| Modern Converters Limited is incorporated on 26th February, 1946 in the state of West Bengal.The main object of business is to cultivate & manufacture tea, coffee, rubber, chincona and buyers of every kind of vegetable, mineral or other product of the soil, to render marketable any such produce either in its prepared, manufactured or raw state and either by whole sale and retail and also have some other object such as to carry on the business of lending , borrowing or raising ,the lending or advancing money on securities and property and grant loan on mortgage , the buying, selling and dealing with stock, funds, share, bonds, obligation and other securities.
2021 -Modern Engineering has planned to raise unsecured loans, NCD to the extent of Rs. 100 crores from the promoter and promoter-related entities. The proposed loan will be used for acquiring companies with similar objects or into infrastructure projects.
2022 -Company name has changed to Modern Engineering & Projects Ltd. from Modern Converters Ltd.
2024 -The company issued rights shares of Rs. 10 in the ratio of 4:1 at a premium of Rs. 30 per share.
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