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PTC Industries Ltd. Company History and Annual Growth Details

The company was incorporated on 30th March, 1963 as a Private Limited Company, under the Companies Act, 1956, with Registrar of Companies, Uttar Pradesh Late B.J.Agarwal, Shri N.K. Agarwal and Shri J.K. Agarwal were the original subscribers to the memorandum of the Company. Being a private limited company, the company was entitled to commence the business immediately on the incorporation of the company. The company was converted into a public limited Company vide special resolution passed on 27th August, 1994 and certificate of incorporation issued on 25th October, 1994. Mr. S.C. Agarwal the present Managing Director, was appointed on the Board on 10.04.1963. Under his leadership and technological guidance the company's technological capabilities turnover & profitability have increased significantly. Since Shri S.C. Agarwal is the driving forces behind the success of the Company he can be
regarded as the sole promoter.

The company manufactures industrial castings of various grades of steel/stainless steel and super alloys viz. Cobalt/Nickel/Tungston based metallurgy. The castings manufactured by the company are used in various industries viz. valves and pipe fittings, pumps, cement, fertilizer,
chemicals and petro-chemicals, thermal and nuclear power, mining and geology, railways, road and sea transport etc..

Since incorporation the performance of the company has been progressing steadily and during the financial year 1993-94 the company achieved a sales turnover of Rs. 1138 lacs.
The unit is presently located at Aishbagh and spread over an area of 11860 sq. mts. and it employs 201 persons. The company has not faced any labour/closure problems in the
past.

2015
-The equity shares of PTC Industries Ltd (Scrip Code: 539006) are listed and admitted to dealings on the Exchange in the list of 'T' Group Securities.

2017
-PTC was selected for the Rolls Royce Marine Total Cost Leadership Award among all its global during Rolls RoyceÂs Supplier of the Year awards in 2017.

2018
-PTC was selected winner of CII (Confederation of Indian Industries) Industrial Innovation Awards 2018 in the category of Manufacturing Medium.

2022

-Company issued rights shares of Rs. 10 in the ratio of 3:2 at par.

-PTC Industries has taken up a developmental contract for critical components for Defence Research and Development Organisation (DRDO) - Gas Turbine Research Establishment (GTRE)'s Combat Aircraft Engine development program.

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