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G R Cables Ltd. Company History and Annual Growth Details

YEAR EVENTS
1992 - The company was incorporated on 29th January as a Public Limited Company
under the Companies Act, 1956 and obtained the Certificate of Commencement
of business on 10th February.

- The main object of the Company is to manufacture 15 LCKM of Jelly Filled
Communication Cables by a single stream plant in collaboration with :ESSEX
Group Inc., of USA.

1995 - The Company public issue of 67,99,500 No. of equity shares of Rs. 10/- each for
cash aggregating Rs. 705 lacs, comprising 8,35,000 equity shares of Rs. 10/- each
at a premium of Rs. 3/- aggregating Rs. 108.55 lacs and 59,64,500 equity shares
of Rs. 10/- each for cash at par aggregating Rs. 596.45 lacs was made during the year.

- Sri G.V.B.R. Reddy, Director of the Company retires by rotation and being eligible
offer himself for re-appointment.

1999 - Sarvashri.S.M.Prasad, M.Bhaskar Rao and Dr.Gandhiji Yalamanchili, Directors of
the Company retire by rotation and being eligible offer themselves for re-appointment.

2000 - The Company have passed a resolution allotting 1,60,00,000 warrants convertible
into equity shares on preferential basis to the persons other than promoters and
promoter's group.

- The Company has entered into agreements with National Securities Depository
Limited and Central Depository Securities Limited

2002-Mr M Gopalakrishna, has resigned as a Director from the Board of G R Cables wef August 23, 2002 and Board took note of it at its meeting held on August 23, 2002.

2003

-Launches halogen free power cables

2005

- On May 24, 2005 Company launches special range of power cables for Electricity Boards.

-GR Cables secures order worth Rs 5.1 mn for its new range of power Cables & Electrical accessories
 
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