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Vindhya Telelinks Ltd. Company History and Annual Growth Details

YEAR EVENTS
1983 - The Company was incorporated on 27th January, at Bhopal. The
Company was promoted in the joint sector by Madhya Pradesh
Audyogik Vikas Nigam (MPAVN) and Universal Cables, Ltd.

- The main object of the Company is manufacture of jelly filled
telephone cables.

- The Company entered into a technical collaboration agreement
with Ericsson Cables AB of Sweden beloging to L.M. Ericsson
Group. As per the agreement, Ericsson Cables were to provide all
technical and process know-how for the manufacture of polyethlene
insulated jelly filled telephone cables with scope for extension
to other fields of telecommunication cables including the most
advanced technology of fibre optic telecommunication cables, etc.

1984 - Out of the total shares, 19,89,000 shares held by MPAVN.

1985 - 9,75,000 No. of equity shares issued at par out of which the
following shares were reserved for preferential allotment: 38,200
shares to business associates, 95,600 shares to employees
(including Indian directors)/workers of the Company and 3,50,000
shares to non-resident Indians on repatriation basis (All except
91,700 shares of the employees quota were offered for public
subscription during February 1986.

1986 - Simultaneously with the public issue of equity shares during
February, MPAVN offered for sale to the public 9,36,000 No. of
equity shares of Rs.10 each at par out of its holding.

1989 - Expansion of the installed capacity from 6.25 lakhs CKM to 12.5
lakh CKM per annum was completed.

- As on 1st April, the Company revalued its plant and machinery and
the net surplus of Rs.945.32 lakhs arising out of it was credited
to revaluation reserve.

1990 - The Company incurred a capital expenditure of Rs.403.90 lakhs for
expansion, manufacture of new products and for updating of
technology. An Industrial Licence for manufacture of
coiled/straight cords were received. The Project for manufacture
of such cords was implemented under technical collaboration with
M/s. Ericsson Cables AB of Sweden.

2002-Vindhya Telelinks Ltd has informed that Mr Rajeev Kumar Jain who was employed interalia as whole time Company Secretary has resigned from the services of the Company w e f May 16, 2002.

-Vindhya Telelinks Ltd has informed that Shri P K Rai has resigned from the Board with effect from November 30, 2002.

2003

- Re-appointment of Shri R G Mundra as Managing Director of the Company, not liable to retire by rotation, for a further period of one year.

2004

-Vindhya Telelinks Ltd has appointed Shri Harsh Vardhan Lodha as an Additional Director on the Board of the company w.e.f. May 05, 2004

- Delist from Madhya Pradesh Stock Exchange

2006
-Vindhya Telelinks Ltd. has appointed Shri R Radhakrishnan as wholetime Company Secretary & Compliance Officer of the Company with effect from November 01, 2006.

2007

- Vindhya Telelinks Ltd - E-mail ID for Investor Complaints is [email protected].

2010

- Vindhya Telelinks Ltd has appointed Shri Harsh V. Lodha as Chairman of the Company.

2014

-Vindhya Telelinks Ltd has informed that the Board of Directors of the Company have recommended a dividend on equity shares @20% for the year 2013-14.
-Vindhya Telelinks earns order worth Rs 1036 cr from BSNL.

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