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Trinetra Cement Ltd. Company History and Annual Growth Details

YEAR EVENTS
1987 - The Company was originally Incorporated as Indo Zinc Pvt. Ltd. in
March. It was subsequently converted into a public limited
company on 20th January. 1992.

- The company currently operates a zinc manufacturing plant of 3600
tpa capacity at Pithampur in M.P. It was promoted by Mr. R.P.
Agarwal, M.A. Agarwal and Sanjay Agarwal. The Company's objects
is to manufacture zinc.

1993 - 10,00,000 No. of equity shares issued, subscribed and paid-up.
31,16,000 No. of equity shares were offered at a prem. of Rs.13
per share through a prospectus in April 1993 of which 9,56,000
shares were reserved and allotted on a firm basis to promoters
Of the remaining 23,400 shares and 2,00,000 shares issued to
employees and Indian Mutual Funds respectively. Balance
19,36,600 shares were issued to the public. 3,84,000 shares
issued to erstwhile shareholders of Malvi Cement Co. Ltd. on its
merger.

1994 - The zinc manufacturing capacity was increased to 10,000 tpa with
the installation of additional furnaces, material handling
equipments. The Company undertook to set up half a million tonne
cement plant. With this in view the company undertok to take
over Mahi Cement Ltd. by way of merger.

1995 - Orders for core equipments were placed with M/s. Fuller KCP Ltd.,
and that for coal mill and cement mill with M/s. Walchandnagar
Industries Ltd.

1996 - Due to the adverse conditions prevailing in the capital market
and tight liquidity situation the company could not raise the
required funds for the cement project. Moreover due to the ban
imposed by the Govt. on import of zinc ash, the company could not
generate internal accruals. Hence the company proposed to
dispose off the cement project.

- The Company undertook to set up an electrolytic copper refining
unit with an installed capacity of 3000 tpa. adjoining the
existing zinc unit. Plant and machinery comprising RCC cells,
cooling tower, material handling equipments etc., and zinc
balancing plant such as rotary kiln, evaporation plant etc, were
procured.
2010

- Indo Zinc Ltd has informed that the Board co-opted Mr. L. Sabaretnam, as additional director of the Company with effect from May 28, 2010.
 
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