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Modison Metals Ltd. Company History and Annual Growth Details

1965 - Modison Metals Ltd was founded in 1965 with only trading activity and promoted by Girdharilal Madanlal Modi, Rajkumar Mohanlal Modi and Sureshchandra Purshottamdas Mody.

1975 - The first manufacturing unit was established for refining of Silver.

1996 - From the year 1983 to 1996 the company had technical collaboration with DODUCO, Germany that enabled the company to develop many hi-tech products.

2007 - Board members of the company had approved on 7th July 2007, the sub division of 32,50,000 equity shares of the nominal value of Rs. 10 each to the authorized share capital of the company into 3,25,00,000 equity shares of Re 1 each.

- The company had 10th August 2007 for the record date for the purpose of sub division of fully paid up equity shares of the company with face value of Rs.10 each into 10 fully paid equity shares of the face value of Re 1 each.

2008

- Company has designated the following email ID for the purpose of registering investors grievances / complaints:shareholder@modison.com.
-Modison Metals has declared Dividend of Rs 0.40 (40%) per equity shares of Rs 1/- each.

2009

-Company has recommended Dividend of Rs 0.40 (40%) per equity shares of Rs 1/- each.

2010

-Modison Metals has recommended a dividend of Rs. 0.75 (75%) per Equity Share of Rs. 1/- each.

2011

-Company has recommended a dividend of Rs. 1/- (100%) per Equity Shares of Rs. 1/- each.

2012

-Modison Metals has recommended a dividend of Rs. 1.00 (100%) per equity share of Re. 1/-.

2013

-Company has recommended a dividend of Re. 1/- (100%) per equity shares of Re. 1/- each.
-Mr. Rakesh S. Singh is appointed as Chief Executive Officer (CEO) of the Company.

2014

-Modison Metals has recommended a dividend of Rs. 1.25 (125%) per equity shares of Re. 1/- each.

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