|The Company was incorporated as a private limited company on March 8, 1994. The Company was converted into a public limited company on November 12, 1994. The Company is a small scale unit and registered with the District Industries Centre, Guindy, Madras. The registered office of
the Company is situated at Madras and the factory is located at Red Hills, about 25 km from the city of Madras. The Company has commenced commercial production of welding electrodes in the month of January 1995. The phase I of the project for a production capacity of 900 tpa has been completed and the phase II for expansion of capacity to
3,300 tpa is under implementation.
The Company is in the business of manufacturing quality welding electrodes and it will be catering to the needs of wide ranging industries like Steel, Paper, Cement, Thermal Power, Automobile and Fertilisers. The Company commenced commercial production in January, 1995.
-The Company has issued Bonus Shares in the Ratio of 2:5.