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High Ground Enterprise Ltd. Company History and Annual Growth Details

The company was established in 1986, under the dynamic leadership of its Managing Director, Mr Ashok Gupta. It Started with the objective of manufacturing plain polyester film capacitors and metalised polyster film capacitors. Woo Yang Electronics Ind. Co. Ltd. of South Korea, its collaborators provide technical assistance in upgradation of the product.

During the nine months period ending 31.3.89 it achieved a sales of Plain Polyester Film Capacitors of Rs.99.32 lakhs from a production of 137.68 lakh pieces. Commercial Production of Metalised Polyester Film capacitors also begun from February 1989.

The year 1990 faced a market recession in the Television Industry following which the Company decided to diversify into other market areas. It decided to develop various types of capacitors for the Automobile Industry for which the market response was encouraging.

2009

--Registered Office of the Company has been shifted to Ground Floor, S-418, Greater Kailash Part - 1, New Delhi - 110048.

2010

-Registered Office of the Company has been shifted from Ground Floor, S-418, Greater Kailsash, Part-I, New Delhi - 110048 To L-76, Ground Floor, Lajpat Nagar - II, New Delhi - 100024.

2011

-Company has changed its name from Woo Yong Electronics (I) Ltd. to High Ground Enterprises Ltd.

-Registered Office of the Company has been shifted L-76, Ground Floor, Lajpat Nagar - II, New Delhi-110024 To Office No.2, Om Heera Panna Mall, 2nd Floor Oshiwara Andheri (West), Mumbai-400053.

2012
- Company has appointed Mr. Paul Anthony Taylor as Independent Director.

2013
-Company has received work order for third party certification & surveillance audit of retail outlets from Indian Oil Corporation Ltd.

2014
-Recommendation of final dividend @ Rs. 0.70/- per share of Rs. 10/-.

2015
-High Ground Enterpri Entering New Ventures in the field of Mining
-High Ground Enterprise has splits its face value from Rs. 10 to Rs. 1

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

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