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Rishi Laser Ltd. Company History and Annual Growth Details

The company was incorporated on 20th April 1992 under the name Alandi Metapress Pvt. Ltd. The company was converted to a public limited company on 30th June 1993. The name of the company was then changed to Rishi Laser Cutting Limited to have a group synergy and the certificate of change of name was obtained on 6th July 1993.

The Company after incorporation was negotiating with suppliers of machinery and also evaluating the advantages of various laser machines before selecting the present machinery. Therefore the company could not go into production though incorporated in 1992.

The company has set up a laser workshop at Pune for manufacturing components used in engineering, compressors, automobile, electronics, machine tools, food processing and textile industry. Besides the laser cutting machine imported from M/s. Trumpf GmbH & Co., of West Germany, the company has installed several indigenous machines such as power press, press brakes, lathes etc to provide the customers with a advantage of getting fully finished ready to fit components.

The company is also setting up a Heavy Press Shop close to the Laser Shop by installing two presses of 500 T capacity each and one press of 350 T capacity.Â

Â 2007Â

Â -Rishi Laser Cutting Ltd has informed that the name of the Company has been changed from "M/s. Rishi Laser cutting Ltd" to "M/s. Rishi Laser Ltd".

2008

- Company has designated the following email ID of the grievance redressal division/compliance officer for registering the complaints by investors:

[email protected]

[email protected]Â

Â 2010Â

-Registered Office of the Company has been shifted from 611, Veena Killedar Industrial Estate, 10-14 Pais Street, Byculla (West), Mumbai- 400011 To 612, Veena Killedar Industrial Estate, 10-14 Pais Street, Byculla (West), Mumbai- 400011.

2011
-Rishi Laser has recommended a dividend of Rs. 1.25/- per Equity Shares of Rs. 10/- each.Â

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