| YEAR EVENTS
1965 - The Company was incorporated on 31st December, at Nasik. It
was promoted by Anjani Kumar Company Pvt. Ltd. The main
objective of the company is to Manufacture forged hand tools such
as various types of screw drivers, punches and chisels, nail
pullers, adjustable wrenches, liers and sockets.
1966 - 3,000 No. of equity shares issued to collaborators without
payment in cash. 20,000 No. of equity shares issued to
directors, etc. 22,000 No. of equity shares and 15,000 Pref.
share redeemable at the Company's option during 15th January
1980/83 at 3 months' notice.
1976 - A collaboration agreement with Autie bologet Bahco, Sweden,
secured by the promoters Anjani Kumar Co. Pvt. Ltd. was
transfered to the company. The collaboration agreement came to
an end on 31st March.
1982 - The Company diversified its activities to manufacture of forgings
for the automotive industry.
1983 - Rate of dividend on Pref. shares raised 13.5% and redemption date
extended 15th January 1986.
1985 - The Company fully implemented the measures suggested under
rehabilitation and modernisation scheme.
1986 - The Company was declared a sick unit. A rehabilitation and
modernisation programme was chalked out which envisged a new
investment reduction in the share capital of the Company and
write off of some of the existing liabilities.
- The rehabilitation scheme, inter alia, envisaged reduction in the
share capital of the company in the following manner:
- (i) 45,000 No. of equity shares of Rs. 100 each aggregating to
Rs. 45,00,000 be reduced by 50%;
- (ii) 5,84,000 No. of equity shares of Rs. 10 each aggregating to
Rs. 58,40,000 be reduced by 25%; and
- (iii) 15,000 - 13.5% preference shares of Rs. 100 each
aggregating Rs. 15,00,000 be reduced by 25%.
- The date of redemption of preference shares was extended to 15th
January 1991.
1990 - Preference shares redeemed, 2,50,000 No. of equity shares of Rs.
10 each allotted at par to promoters.
1991 - Equity shares subdivided. 2,25,000 shares allotted.
1994 - With a view to expansion, the Company proposed to buy a plot of
land at Goa for setting up plants.
- 13,69,500 Rights Equity shares issued in propn. 3:2. Another
2,50,000 shares offered to Promoters and employees of company.
2012
- Email ID : info@tecilchemicals.com
2014
-The Company have appointed UNIVERSAL CAPITAL SECURITIES PVT. LTD. having its Registered Office at 21 Shakil Niwas, Opp. Satyasaibaba Temple, Mahakali Caves Road, Andheri (East), Mumbai - 400093, as Registrar and Transfer Agent of the Company.
2023
-Company has issued Bonus Shares in the Ratio of 4:1.
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