Emkay Taps and Cutting Tools Ltd. Company History and Annual Growth Details

The Company was originally incorporated on July 27, 1995, as Emkay Taps and Cutting Tools Private Limited under the provisions of the Companies Act, 1956 with the Registrar of Companies, Maharashtra, Mumbai. Subsequently, the Company was converted into a Public Limited Company pursuant to Shareholders Resolution passed at the Extra Ordinary General Meeting of Members of the Company held on April 8, 2015 and the name of the Company was changed to Emkay Taps and Cutting Tools Limited vide a fresh Certificate of Incorporation dated April 24, 2015, issued by the Registrar of Companies, Maharashtra, Mumbai. Corporate Identity Number of the Company is U29220MH1995PLC091091. The Registered Office of the Company has been shifted from Kanoria Bhavan, Ghat Road,Nagpur Â 440 018,Maharashtra to Plot No. B-27 and B-27/1, M.I.D.C. Hingna, Industrial Estate, Nagpur- 440 016, Maharashtra, India.

Key Events and Mile Stones :

1995

- Incorporation of the Company in the name and style of ?Emkay Taps and Cutting Tools Private Limited.

1996

-Takeover of ?Emkay Tools, proprietary concern of Ajayprakash Kanoria HUF

2008

-1 (One) unit of Wind Turbine Generator having a capacity of 1.25 MW at Shivapura Kavalu Village, Belur Taluka, Hassan District in Karnataka commissioned by the Company

2009

-Installed CNC Machines imported from USA and Germany

2010

-2 (Two) units of Wind Turbine Generators having a capacity of 1.6 MW (800 KW each) at Kita & Ugawa District, Jaisalmer in Rajasthan commissioned by the Company

2013

-Crossed Rs.3,000 Lacs mark of turnover

2018

-The Company has issued Bonus Shares in the Ratio of 5:1.

2023

-Emkay Taps and Cutting Tools Limited approved Scheme of Arrangement, under Sections 230 to 232 read with Section 66 of the Companies Act, 2013 and other applicable provisions of the Companies Act, 2013 and rules and regulations framed thereunder between Emkay Taps and Cutting Tools Limited ( Demerged Company or the Company ) and Emkay Tools Limited ( Resulting Company or the Company ) and their respective shareholders ( the Scheme ), interalia, for demerger of manufacturing of threading taps and cutting tools division ( Demerged Undertaking ) of the Company into the Resulting Company.

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