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KEI Industries Ltd. Company History and Annual Growth Details

Krishna Electrical Industries was formed in 1968 with Shri. B L Gupta, Shri. D.N Gupta and Shri. S.S Agarwal as the partners. In 1972 due to death of Shri. B.L Gupta, Shri. D.N Gupta and Shri. S.S Agarwal were the two partners. In 1980 Shri. Anil Gupta, Shri. Sunil Gupta, Shri. Sanjay Agarwal and Shri Sandeep Agarwal were inducted as partners. From 1.11.1985 Shri. S.S Agarwal, Shri. Sanjay Agarwal and Shri. Sandeep Agarwal retired from the firm, and the firm continued with three partners namely Shri. D.N Gupta, Shri. Anil Gupta and Shri. Sunil Gupta. From 1.4 1992 Shri B.K Gupta. Smt. Sumitra Devi Gupta and Smt. Archana Gupta and Smt. Varsha Gupta were inducted as partners in the Firm.

Subsequently. the firm was recognised as a Joint Stock company within the meaning of Section 566 of the Companies Act, 1956 vide Memorandum and Articles of Association entered on 28th day of September, 1992 between the partners and was registered as a public limited company under the provisions of Part IX of the Companies Act, 1956 with effect
from December 31,1992 under the name KEI Industries Ltd. The business and all assets and liabilities of the aforesaid Krishna Electrical Industries were vested in the company on 31-12-1992. Sh. D.N. Gupta, Sh. Anil Gupta and Sh. Sunil Gupta were appointed as the first Directors of the company.

The Company has revalued its assets based on the report of M/s Goel Engineers, Architects and Valuers given on 30.4.1992 to the extent of Rs. 90,00,000. Another revaluation of assets was made based on the report of M/s Tata Economic Consultancy Services given in May, 1993 to the extent of Rs. 136,06,763.00.

2004

-The Company has bagged order worth over Rs 250 million from various clients for the supply of Power cables.

2005

-The Company has bagged order worth over Rs 40 crores from various clients for the supply of cables.

-The Company has appointed of Shri Anil Gupta as "Chairman-cum-Managing Director" of the Company and Smt Arohana Gupta as an "Additional Director" of the Company.

-The Company has recommended a dividend of Re 1/- per share on 79,20,043 equity shares (of face value of Rs 10/- each).

2006

-The Company's New High Tension (HT) Power Cable Project at Bhiwadi, Rajasthan has started Commercial Operation.

-Company has splits its Face value of Shares from Rs 10 to Rs 2.

-Payment of dividend of @ 20% (i.e. Rs 2/- per share) on each equity shares of Rs 10/-.

2007

-The Company has purchased approx. 5 acres of land measuring 19,129 sq. mtrs behind its existing LT / HT facilities at Bhiwadi, District Alwar, Rajasthan.

-The Company has inaugurated its New Plant for manufacturing of HT and LT Power Cable at Chopanki near Bhiwadi, Distt. Alwar (Rajasthan).

2008

-The Company has started Commercial Production at its New Unit at Chopanki near Bhiwadi, Distt. Alwar (Rajasthan) for manufacturing of HT and LT Power Cables.

2009

-The Company has recommended a dividend of Re 0.20/- per equity shares of Rs 2/- i.e. 10%.

2010

-KEI join hands with M/s Brugg Kabel AG, Switzerland for a Technical Collaboration.

-The Company has recommended dividend of Re. 0.20 per share (i.e. @10%) on the equity shares.

-KEI Industry Inaugurated Extra-High Voltage (EHV) Cable at Chopanki.

2011

-The Company has marked its presence into Engineering, Procurement and Construction (EPC) space by bagging order worth approx. 145 cr in the State ofMadhya Pradesh.

-The Company has recommended a dividend of Re. 0.20/- per share (i.e. @ 10%).

2012

-KEI Offers superior quality mining cables for various industrial requirements.

Recommend dividend of Re. 0.20 per share (i.e. @10%) on the equity shares of face value of Rs. 2/-.

2013

-KEI recommended dividend of Re. 0.20 per share (i.e. @10%) on the equity shares of face value of Rs. 2/-, for the year ended March 31, 2013.

2014

-Mr. Rajeev Gupta, Executive Director (Finance) of the Company will also act as Chief Financial Officer (CFO) of the Company w.e.f. October 01, 2014.

2016
-"KEI Industries Limited extends its Technical Collaboration Agreement with M/s Brugg Kabel AG, Switzerland for manufacturing of Extra High Voltage (EHV) cables above 220kV and up to 400kV".

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