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Integra Engineering India Ltd. Company History and Annual Growth Details

The Company was incorporated as Padmatex Engineering Private Limited in the State of Maharashtra on 3rd June 1981. Pursuant to provisions of Section 23 of the Companies Act, 1956 and the Special Resolution passed by the Company at its Extra-Ordinary General Meeting held on 29th March, 1982 the Company was converted into public limited company and fresh certificate of change of name was received on 3rd June, 1982. The name of the Company was subsequently changed to Schlafhorst Engineering (India) Limited and a fresh certificate of incorporation consequent
on change of name was obtained from the Registrar of Companies, Maharashtra at Mumbai on 10th October, 1994. The Registered Office of the Company was shifted to Vadodara as confirmed by the Company Law Board, Western Region Bench, Mumbai (CLB) by its order dated 23rd
November, 1995. The Registrars of Companies of Maharashtra and Gujarat have registered the Order of the CLB on 12th January, 1996 and 1st February, 1996 respectively.

The Company has obtained Industrial Licence No. CIL : 212 (82) dated 21st June, 1982 from the Central Government for the manufacture of 200 nos. Automatic Cone Winding Machines (Autoconers). The licensed capacity of Autoconers was increased to 300 nos. by Licence No.2.33/87 -IM(I) dated 14th February 1989. The Company also obtained sanction vide letter No. TXM/1399/VOL.I.96 dated 7.1.1985 for manufacture of 170 nos. Draw Frames and Speed Frames, which was later amended to 250 nos. vide letter no. 6(46)BB/87/TXM/251 dated 30th July, 1990. Copies of these licences are open to public inspection at the Registered
Office of the Company.

The Company has received approval for foreign collaboration with RVG, Germany vide letter no. FC.II.216(90) dated 1st September, 1991 which was later amended vide letter of even no. dated 24th March, 1992 for payment of royalty and vide letter no. FC.II:491(93)/541(93) dated 21st December, 1993 for Equity participation upto 51% from the Secretariat for Industrial Approvals, Department of Industrial Development, Ministry of Industry, Government of India.

SCHLAFHORST ENGINEERING (INDIA) LIMITED, (SEIL) was promoted by Mafatlal Industries Limited as Padmatex Engineering Private Limited in technical and financial collaboration with RVG, Germany - a holding company of W.
Schlafhorst AG & Co., Germany, and a part of the Saurer AG Group, Switzerland, for the manufacture of highly sophisticated textile machinery.

The Company set up its plant at Halol, Panchmahal district, Gujarat for the manufacture of textile machineries viz. Automatic Cone Winding Machine, Warping Installations in 1983. The Company commenced commercial production in the last quarter of 1983. In 1984, the Company acquired a working plant situated in Vadodara from Mafatlal Engineering Industries Ltd., to enable it to increase its manufacturing capacity to meet the growing demand for the textile machinery. A new product - High Speed Draw Frame was also introduced in its product range in 1985.

During 1990, the Company entered into a technical collaboration with Reifenhauser GmbH, Germany, for the manufacture of sophisticated Plastic Processing machinery viz. Extruders and Extrusion Systems with the approval No. FC.II.52(90)/493(89) Amend dated 25th October, 1990 of
Secretariat for Industrial Approvals, Department of Industrial Development, Ministry of Industry, Government of India. The Company has issued 5,84,000 Equity shares of Rs.10 each at par to Reifenhauser as part of the collaboration agreement. However, the collaboration
agreement was terminated by mutual consent w.e.f 1st January, 1995, as the Plastic processing machinery business was not compatible with the core business strategy and long-term goals of the Company under the new management of RVG. However, Reifenhauser still continues to hold the
Equity Shares issued to it.

In 1994, the management control of the Company was passed on to RVG, Germany the Company's collaborator, when their stake in the Equity Share Capital of the Company was increased to 51% of the total paid-up capital of the Company through issue of fresh capital and consequently the
name of the Company was changed from Padmatex Engineering Ltd. to Schlafhorst Engineering (India) Limited with effect from 10th October, 1994.

PRESENT BUSINESS OF THE COMPANY

The Company is presently manufacturing, in technical collaboration with RVG, Germany new generation Automatic Cone Winding Machine with high degree of automation capable of providing better package size and quality, increased production and reduced winding cost; Draw Frames Model 720M and Speed Frames as per the technical specifications of
Zinser Textilmashinen GmbH, Germany at its plants located at Halol and Vadodara. The Company has received ISO 9002 certificate for its factories at Halol and Vadodara for establishing and applying a quality system for textile machinery from TUV- Zertifizierungs gemeinschaft e.V. dated 3.2.1995.

2007

-Schlafhorst Engineering India Ltd has has appointed Mr. Suraj Lal Mehta as an Independent Director of the Company with effect from October 31, 2007.

2008

-Schlafhorst Engineering India Ltd has appointed Mr. Leen Osterloh has as Director of the Company.

2011

-Company has changed its name from Schlafhorst Engineering (India) Ltd. to Integra Engineering India Ltd.

2012

-The company appointed Mr. Rahul Divan as an Additional Director of the Company.

- Integra India Group Company Limited (IIGCL) amalgamated with Integra Engineering India Limited (IEIL) .

2013

-Mr. Yogesh Shah, General Manager has been promoted as CEO (Chief Executive Officer) of the Company. Further, Mr. Bhavin Kariya, General Manager - Finance has also been promoted as CFO (Chief Financial Officer) of the Company.

2019

-Company commenced Commercial Production of Ipanel product

2022

-Company launched TIG Welding Machines

2023

-Company commencedf Second Vertical Store Facility

-Company launched New CNC Vertical milling machine

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