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Rajeswari Infrastructure Ltd. Company History and Annual Growth Details

The Company was originally started as a partnership firm under the name and style of "M/s. RAJESWARI GRAPHICS" with its principal place of business at Madras. with a view to expand its business further, it purchased the machineries of the offset division of Sri RajaRajeswari Process (along with the pending orders) and completed the transaction on 1st April 1993.

Consequent to a change in the constitution of the firm on 2-4-1993, revaluation of the assets and liabilities was carried out so as to reflect the true worth of the firm before admission of the three new partners. Plant and Machinery having a original cost of Rs. 26.70 lacs was revalued at Rs.77 lacs as per the certificate of Mr. Srinivasan, Chartered Engineer. The surplus on revaluation was credited to the current account of the existing partners.

For the sake of smooth working, better and efficient management improvement and advancement of business, the said firm was converted into a Limited Company and incorporated under the Companies Act, 1956 as RAJESWARI GRAPHICS LIMITED on 19th April 1993. The certificate of commencement of business was obtained on 10th May, 1993. The members of the Partnership firm were issued equity shares in lieu of the shares standing to their
credit (to the extent of Rs. 72.09 lacs) by the company after the conversion as aforesaid.

The financial highlights of the firm before its conversion as Limited Company as well as financial highlights of other Associate concerns are given elsewhere in this prospects.

The company has been engaged in Printing of all kinds of materials including Books, Periodicals, Magazines, Leaflets, Advertisement materials, Packaging materials etc. through
letter press, Offset, Lithopress and other modes of Printing machines. It is also engaged in the process of Photo typesetting, Composing, Desktop publishing and color scanning for all kinds of printing. The company belongs to a group called "RAJESWARI GROUP" well known in the printing industry in South India and enjoys extraordinary goodwill for the name "RAJESWARI" in the industry today.

With the present activities the company has attained a turnover of Rs. 47.64 lacs for the year ended 31st March 1994 with a net profit of Rs. 13.40 lacs. The current turnover for the six
month ended 30th September 1994 is Rs. 20.26 lacs with a profit of Rs. 4.83 lacs.

The present capacity of the Company is :

Installed Capacity Utilised capacity
Impressions in% on Installed cap.

Offset single

colour 22.50 lacs 90%
Typesetter 43.20 lacs 51%

EXPANSION PROJECT

The company plans to expand its activities in order to cater to the ever expanding market and customer requirements. It has planned a Rs. 477 lacs expansion project which involves purchase of sophisticated DIGITAL GRAPHIC COLOR SCANNER called Magna Scan from Crosfield Electronics Ltd., U.K, one four colour offset printing machines of Dominant make from Czech Republic and two web offset Mark 62 machines from Manu Enterprises Limited, and
one two colour offset (along with necessary ancillary machines) will mainly cater to the requirements of form printing for public issues and publishing houses.

It projects its turnover for the year ended 31st March 1995, at Rs. 78 lacs and the estimated pre-tax profits of the company will be around Rs. 21.94 lacs approximately.

MAIN OBJECTS OF THE COMPANY

The main objects of the company as detailed in its Memorandum of Association are as follows :

1. To become vested with and continue the co-partnership business now being carried on in the name of M/s. Rajeswari Graphics including all its assets, rights, debts and liabilities and the rights and liabilities of the parties hereto in the said copartnership business and in connection therewith.

2. To engage in the process of phototype setting, composing desktop publishing and other modes of typesetting and to engage in the process of colour scanning used for printing of all kinds of Books, Periodicals, Magazines, Leaflets, Advertisement materials, Packaging materials etc.

3. To engage in printing of all kinds including Books, Periodicals, Magazines, Leaflets, Advertisement materials, Packaging materials etc., through Letterpress, Offset, Lithopress and other modes of printing machines.

4. To buy, store, sell or supply, deal in, export or import, tranship and transport all kinds of materials used in printing business whether in wholesale or in retail.

5. To engage in the business of publishing, periodicals, Magazines etc., including buying and selling and import and export of such materials whether wholesale or retail.

SUBSIDIARY COMPANY

The company does not have any subsidiaries.

2006
-Company has been selected for Builders Line Award 2005 - Best Building of the year

2008
-Company has recommended Dividend of 10%.

2009

-Company has changed its name from Rajeswari Foundations Ltd. to Rajeswari Infrastructure Ltd

--Registered Office of the Company has been shifted from "B-3, "C" Block, 3rd Floor, Parsn Paradise Apartments, New No.46, Old No.109, G.N. Chetty Road, T. Nagar, Chennai - 600017." to "Plot No: 248, Door No; 18/23, 2nd Cross Street, East CIT Nagar (Near CIT Nagar Market)Nandanam, Chennai-600 035.

2010
-Company has recommended a dividend of 5%.

2011
- Rajeswari Foundations Ltd has recommended a dividend at the rate of Re. 0.30 (3%) per Equity share of the face value of Rs. 10/- each

2012
- Rajeswari Foundations Ltd has recommended a dividend at the rate of Rs. 0.50 (5%) per Equity Share of the face value of Rs. 10/- each

2013
- Rajeswari Foundations Ltd has recommended a dividend at the rate of Rs. 1/- (10%) per Equity Share of the face value of Rs. 10/- each

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