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Garg Furnace Ltd. Company History and Annual Growth Details

1973 - Garg Furnace Ltd. was set up by Dharam Pal Garg and Sh. Jagdish Chand Garg. It is one of northern India's leading alloy and non alloy steel manufacturer with impressive manufacturing base, first rate quality and wide product range.

2004 - The company was ranked 760th in the BS 1000 listing of top Indian companies in terms of sales in 2002-2003.

- Company, had received a composite score of 9 out of a possible 15 in Industry 2.0's SCM Metrics study.

2005 - Company was ranked 840th in the BS 1000 listing of top Indian companies in terms of sales in 2003-2004.

- The board had increased authorized share capital from Rs 5 crore to Rs 10 crore

-Board also approved for splitting of shares from Rs 10 each to Rs 5 each,.

- The board had delisted equity shares of the company from Ludhiana Stock Exchange Association Ltd and Delhi Stock Exchange Association Ltd in accordance with the relevant rules and laws.
 
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