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Inani Marbles & Industries Ltd. Company History and Annual Growth Details

1994 - Inani Marbles and Industries Ltd., engaged in the processing and marketing of marble, sandstone and other natural stones was established during the year and had witnessed a tremendous growth in volume and variety of products.

1995 - Inani Marbles & Industries Ltd. had entered the capital market with a public issue of 12.5 lakh equity shares of Rs. 10 each at par aggregating to Rs. 1.25 crore.

- The promoters' stake in the company was high at 61.54% of the post issue capital.

2005 - On 6th September, board of directors had approved the subdivision of equity shares of the company with nominal face value of Rs 10 per equity share into equity shares with nominal face value of Rs 1 per equity shares.

- On 30th September, members of the annual general meeting had dropped the resolution of splitting of shares due to small market price of shares.

2007 - Register of members and share transfer books of the company were closed from 25th September, 2007 to 29th September, 2007 including both days for the purpose of 13th Annual General Meeting.