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Company Information

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TRF LTD.

02 February 2026 | 01:48

Industry >> Engineering - Heavy

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ISIN No INE391D01019 BSE Code / NSE Code 505854 / TRF Book Value (Rs.) 77.32 Face Value 10.00
Bookclosure 20/08/2020 52Week High 450 EPS 23.44 P/E 11.40
Market Cap. 294.04 Cr. 52Week Low 252 P/BV / Div Yield (%) 3.46 / 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 1962 - The Company was incorported on 20th November, at Jamshedpur. The company was promoted by Tata Iron & Steel Co. Ltd., (TISCO) and Associated Cement Companies Ltd., (ACC) in financial & technical collaboration with Hewitt-Robins, Inc., of U.S.A. (now known as the Hewitt-Robins Division of Litton Systems Inc., of U.S.A.) and the General Electric Co., Ltd., U.K. - The main objective of the company is to manufacture of material handling equipment such as idler rollers, vibrating screens, sectional and mine conveyors, industrial chains, wire screen cloth, winders, tipplers, crushers, ore and coal preparation equipment, and coal cutters and undertaking "Systems Contracts" for such equipment including design, manufacture, supply and installation of equipment. 1973 - 5,000 shares issued to ICICI upon conversion of loan. 1976 - 16,250 Bonus shares issued in prop. 1:3. 1978 - Shares subdivided. 5,07,500 shares of Rs. 10 each issued at a prem. of Rs. 4 per share: 65,000 shares reserved for the Company's Indian employees, directors, etc. and 4,42,500 shares offered for public subscription during July. 1985 - 6,90,000 No. of Equity shares issued at par in part conversion of 2,30,000-13.5% bonds of Rs. 130 each. 1987 - The Company obtained foreign technical know-how for the manufacture of extensible belt conveyors in collaboration with Kurimoto of Japan to expand the Company's range of manufacture of various types of crushers. - 11,11,672 No. of equity shares allotted (prem. Rs. 5 per share) in part conversion of 12.5% debentures on 1.3.1989. 1988 - A substantial portion of the Company's business comprises execution of turn-key contracts which were executed over a period of two to three years depending upon the magnitude of the project. The drop in turnover was due to the fact that there were no major contracts which reached substantial completion during the year. - The Company also took up the manufacture of stamping charging pushing machine and charging gas cleaning cars for Tata Steel. 1989 - A repeat order was received from Tata Steel for a stamping charging pushing machine and charging gas cleaning car for its coke oven battery No. 6. - A portion of Rs. 60 of each debenture was to be compulsorily converted into 4 equity shares of Rs. 10 each at a premium of Rs. 5 per share as on 1st March. - The non-convertible portion of Rs. 100 of each debenture would be redeemed at par after the expiry of 7 years from the date of allotment of the debentures. - Drop in Company's turnover was due to the fact that there were no major contracts which reached substantial completion during the year. 1994 - As a part of its diversification plans, the first phase of the steel service centre was implemented. - 15,60,108 shares allotted on rights basis. 1995 - Company has been awarded Iso 9001 certification during the year. - During February the Company made a Rights Issue of 15,60,836 equity shares of Rs. 10 each at a premium of Rs. 15 per share in the ratio of 1:2 (only 15,60,148 shares were taken up). The remaining 688 shares were reserved for allotment as per approval of Regional Stock Exchange, Patna. 1996 - The expansion plans for putting up a composite steel service centre at Bara near Agnrio Jamshedpur made satisfactory progress. The additional slitting lines were commissioned and a pickling line was under advanced stage of installation. - Tata-Ryerson Ltd. was formed to provide value added steel service centre facilities throughout the country. In addition, the company's steel service centre at Bara with all its plants, machineries and buildings etc. were to be sold by negotiation to Tata Ryerson Ltd. 1997 - The Company had sold its steel service centre assets and Bara for a consideration of Rs. 14 crores to Tata-Ryerson Ltd. - As a part of its ongoing technology upgradation and innovation programme the company has signed an MOU with M/s. Tip-Top Saar GmbH, Germany for acquiring state-of-the-art knowhow for conveyor belt reconditioning plant. - In order to augment the long term resources for its working capital requirements and for modernisation of its plant facilities, the Company offered during June/July 1988, 2,88,540-12.5% secured partly convertible debentures of Rs. 160 each for a total value of Rs. 461.66 crores. Out of the total issue, 2,74,500 debentures were offered to the equity shareholders of the Company on a right basis in the ratio of 4 debentures for every 25 equity shares held and the balance 13,740 debentures were offered to the employees (including Indian working directors)/workers of the Company on equitable basis. Unsubscribed portion, if any, of the employee's quota was to be allowed to lapse. Accordingly, the Company allotted 2,74,800 debentures to the equity shareholders and 3,118 debentures to the employees. - 53 shares out of 635 shares whose title was in dispute, issued. 1998 - The Company successfully commissioned the projects of Stamp Charging machine for Tata Steel's Battery No.8, Coal Dust Injection Systems for SAIL, Coal Handling Plant for Rajasthan and Andhra Pradesh. 1999 - Amalgamation of M/s. Tata Material Handling Systems Ltd., (TMHS) and Tata Technodyne Ltd. (TTDL), with the Company effective 1st April was approved in the Board Meeting held on 30th March, 1990. 2007 -TRF Ltd has appointed Mr. Sudhir L Deoras as an Additional Director of the Company with effect from January 22, 2007. 2009 -TRF Ltd has given the Bonus in the Ratio of 1:1 2010 - TRF Ltd has re-appointed Mr. Sudhir Deoras as Managing Director of the Company for the period of three years with effect from April 01, 2010. 2011 - TRF Ladies Association collects 405 units of blood through donation camps. - TRF acquires UK based Hewitt Robins International Ltd. - TRF to Augment its Works Manufacturing Facilities and Installs Automatic CNC Cutting Machines. - TRF pays 20% Bonus. 2012 - TRF and Schade, Germany join forces to offer higher capacity yard equipment in India. - TRF Acquires Balance Stake in York Transport Equipment(Asia), Singapore. - TRF Ladies Association Distributes solar Lanterns to Students. 2013 -TRF Launches Multiple Campaigns on The Occasion of World Environment Day -Award Ceremony at TRF for Long Services, Suggestion Box and National Workskills Competition 2014 -TRF Launches New Vision to Emerge as Technological Leader -TRF Bags Rs 353.67 crore Order from BHEL for NMDC's Nagarnar Plant -TRF Bags Rs 76.00 crore Order from Bhushan Power and Steel Limited -TRF Ltd has informed that Mr. Sabyasachi Hajara has been appointed as an Independent Additional Director of the Company with effect from September 01, 2014. 2015 - Congratulation on Successful Commissioning of wagon Tippler - 4 supplied and commissioned by M/S TRF Limited ordered against CHP Stage-IV Package -TRF has won the Corporate Garden of the Year Award for the second time in a row 2016 - Promoted eco-friendly and safer material handling equipment by demonstrating capability to design and manufacture product powered by solar energy and monitored from distance.