1961 - The Company was incorporated on 29th March, at Calcutta. The
Company was formed as a result of Collaboration between Scovill
Manufacturing Company USA and the Well-known agency house of
Duncan Brothers & Co. Ltd. The Main object of the Company is to
manufacture tyre tube valves and other allied products.
1962 - 90,972 shares to promoters etc. and 1,75,000 shares to
collaborators. 84,028 shares offered at par to the public in
1968 - 35,000 bonus shares issued in prop. 1:10.
1971 - 77,000 bonus shares issued in prop. 1:5.
1975 - Associated Polymers Ltd. became a subsidiary of the Company
effective from 22nd November.
- 4,62,000 bonus shares issued in prop. 1:1.
1991 - The name of the company was changed to Schrader Duncan Ltd., from
Schrader-Scovill Duncan Ltd.
1993 - 9,24,000 bonus shares issued in prop. 1:1.
1995 - 18,48,000 bonus equity shares allotted in the ratio of 1:1.
1996 - In April, the collaborators of the Company Schrader Automotive
Inc. USA merged with Bridge Products, Inc. USA a designer and
manufacturer of highly engineered componentry for original
equipment automotive and Industrial fluid systems and a
manufacturer and distributor of wheel care products and pneumatic
accessories. With this merger the company was explosing
opportunities for expanding and diversifying its product lines.
- The Company commenced an additional facility for manufacturing
Schrader Bellows Pneumatic products in Nasik.
- Automotive division proposed to diversify into new products such
as Natural Rubber Valves and Patches.
-Schrader Duncan Ltd has appointed Mr. Ravi Swaminathan as Managing Director of the Company effective February 01, 2008 and took note that Mr. A L Narasimhan, the present Managing Director is due to retire on April 03, 2008.