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Aro Granite Industries Ltd. Company History and Annual Growth Details

YEAR EVENTS
1988 - The Company was incorporated as a private limited company on 3rdMay and was converted into a Public Limited Company with effect from 4th April 1989. The Company was promoted by Sunil K. Arora and Sunil Arora and Prem Arora.

- The Company had set up a project for manufacture of Granite Tiles (Polished) with an installed capacity of 72,000 Sq. mts. at SIPCOT Industrial Area, Hosur, Dist. Dharmapuri, Tamilnadu.

1995 - During January the company offered 30,00,000 No. of equity shares of Rs. 10 each for cash at a premium of Rs. 10 per share of which 2,50,000 shares were offered to promoters, directors, their friends and relatives. 3,75,000 shares were offered to ICICI, 5,70,000 shares were offered NRIs, FIIs, OCBs, 15,400 shares were offered to the employees and the balance 17,89,600 shares were offered to the public. All were taken up.

1996 - 14,00,000 Shares were held by promoters. 2,80,000 shares allotted on conversion of Convertible Cumulative Preference shares held by ICICI.

2003 - Company is being awarded with 'Special Export Award' by Chemical & Allied Product Export Promotion Council (CAPEXIL) for its outstanding export performance during the year 2002-2003 by the Government of India on November 7, 2003.

2004

-The Comapany has recommended a dividend of 15%.

-The Comapany has approved the proposal for the capitalization of reserves and issue of 23,40,000 bonus shares of Rs. 10 each and The bonus shares will be allotted in the ratio of one fully paid up equity share for every two equity shares.

-The Comapany has been awarded with "Special Export Award" by Chemical & Allied Product Export Promotion Council (CAPEXIL) for its outstanding export performance.

-The Comapany has Increase in the Authorised Share Capital from Rs 7,42,00,000 to Rs 11,42,00,000 by creation of 40,00,000 Equity shares of Rs 10/- each.

2005

-The Comapany has recommended a Dividend of 15% on Equity Share of the Company.

2006

-The Comapany has recommended a dividend of 15% on the Equity Shares of the Company.

-The Comapany has been awarded with "Special Export Award" by Chemical & Allied Product Export Promotion Council (CAPEXIL) for its outstanding export performance.

2007

-The Comapany has recommended a dividend of 20% for the year.

2008

-The Comapany recommended a dividend of 15%

-The Company has issued Bonus Shares in the Ratio of 1:2.

-E-mail ID for Investors Complaints: [email protected]

-The Company has been awarded with "Special Export Award" by Chemical & Allied Product Export Promotion Council (CAPEXIL) for its outstanding export performance.

2009

- Aro Granite Industries Ltd has appointed Sh. Rahul Gupta as Additional Director of the Company.

-The Company has been awarded with "Special Export Award" by Chemical & Allied Product Export Promotion Council (CAPEXIL) for its outstanding export performance.

2010

-The Company recommended a dividend of 10% ( Re.1/- per equity share of face value Rs.10/- each).

2011

-The Company has been awarded with "Special Export Award" by Chemical & Allied Product Export Promotion Council (CAPEXIL) for its outstanding export performance.

-The Company has recommended a dividend of 10% (Re. 1/- per Equity Share of face value of Rs. 10/- each).

2012

-The Company recommended a dividend of 10% (Re. 1/- per Equity Share of face value of Rs. 10/- each).

2013
-Aro Granite Industries Ltd has recommended a dividend of 10% (Re. 1/- per Equity Share of face value of Rs. 10/- each)
-Aro Granite Industries Ltd has approved Issue of Fully paid Equity Shares as Bonus shares in the ratio of 1:2
-Aro Granite Industries Ltd has informed that Registered Office of the Company has been shifted to a new address as follows : Aro Granite Industries Ltd. 1001, 10th Floor, DLF Tower A, Jasola, New Delhi - 110025 Phone : 011-41636169, 41686169

2014
-Aro Granite Industries Ltd has recommended a dividend of 10% (Re. 1/- per Equity Share of face value of Rs. 10/- each)
-Aro Granite Industries Ltd has informed that Ms. Vanitha Sood has been appointed as an Additional Director of the Company.
-Aro Granite Industries Ltd has informed that Mr. K Raghavendra Acharya has been appointed as an Additional Director of the Company.

2017

-Company has been awarded the Top Export Award for the year 2014-15 by CAPEXIL.

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