Home  »  Company  »  D & H India Ltd.  »  Quotes  »  Company History
Enter the first few characters of Company and click 'Go'

D & H India Ltd. Company History and Annual Growth Details

D & H WELDING ELECTRODES (INDIA) LTD. was incorporated as private limited company on 30th March 1985 in the State of Maharashtra for the purpose of manufacturing welding electrodes, speciality electrodes, submerged Arc fluxes, Copper coated and Co2 wire. The Company got
converted into a public limited company by passing a Special Resolution on 24th August, 1993 and obtained a fresh certificate on 17th September 1993. There was no activity since incorporation till September, 1991 and the Company was lying dormant.

The implementation of Project was taken up during October, 1991 with acquisition of land.

The First line of electrodes manufacturing(Ist Phase) having capacity of 1100 TPA commenced production w.e.f.04-03-1992. The Company manufactures a wide range of welding electrodes like MS, Low Hydrogen, Crome Alloys, Low Heat and Hard facing electrodes and is presently operating through its depots located at Madras, Chandigarh, Bombay
and Kanpur and also through a network of dealers/ distributors. The products have been well received in the market. The Company has made a net profit in the very 1st year of commercial production and has attained a turnover of Rs.87.73 lacs for the first completed year and has also been able to declare Dividend @ 12% . The company now proposes to install facilities for manufacturing the above products as well as speciality welding electrodes, submerged Arc Fluxes, copper coated and C02 wires at a full capacity of 4400 TPA.

2007
-Company has recommended payment of dividend @ 10%

2012

-Company has allotment V & H Fabricators Private Limited has now become a subsidiary Company of D & H India Limited.

-Company has changed its name from D & H Welding Electrodes (India) Ltd. to D & H India Ltd.

2013

-Company has recommended payment of dividend @ 5.00% (Re 0.50 per share) for the financial year 2012-2013.

2015

-D & H India Commencement of Commercial Production in Unit III at Durg (Chhattisgarh).

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X