MMP Industries Ltd. Company History and Annual Growth Details

The Company was originally incorporated as a private limited company under the Companies Act, 1956 pursuant to a certificate of incorporation issued by the Registrar of Companies, Rajasthan, Jaipur dated October 8, 1973 with the name ÂSemi Conductor Packages Private LimitedÂ. Subsequently the name of the company was changed to ÂMaharashtra Metal Powders Private LimitedÂ and a fresh certificate of incorporation consequent upon change of name was issued by the Registrar of Companies, Maharashtra, Bombay on October 18, 1984. Subsequently, the Company was converted into a public limited company pursuant to approval of the shareholders at an extraordinary general meeting held on May 13, 1994 and consequently, the name of the Company was changed to ÂMaharashtra Metal Powders LimitedÂ and a fresh certificate of incorporation consequent upon conversion to public limited company was issued by the Registrar of Companies, Maharashtra, Bombay on December 28, 1994. Subsequently, the name of the company was changed to ÂMMP Industries LimitedÂ and a fresh certificate of incorporation consequent upon change of name was issued by the Registrar of Companies, Maharashtra, Mumbai on June 19, 2012. the corporate identification number is U32300MH1973PLC030813.

Major Events and Milestones

1973

- Incorporation of the Company.

1983

- The Company had set up its first BM 1 with installed capacity of 300 MTPA for pyrotechnic aluminium powders in technical collaboration with Ets. Andre Van Lerberghe, Belgium (AVL)

1984

- Change of Name of the Company to Maharashtra Metal Powders Private Limited

1994

- Conversion of the Company into Public Limited from Private Limited.

2009
- Pursuant of Scheme of Amalgamation, Maharashtra Industrial Exports Private Limited and Nagpur Pulverisers & Minerals Private Limited were amalgamated with the Company

2012

- Change of Name of the Company to MMP Industries Limited

2011

- The Company acquired 26.06% stake in Star Circlips & Engineering Limited

2016

- The Company entered into a Joint Venture Agreement with Toyo Aluminium K.K., Japan for manufacturing and sale of aluminium pastes through a Joint Venture company ÂToyal MMP India Private LimitedÂ of which the Company holds 26.00%.

- The Company entered into a Technology Agreement dated February 1, 2016 with Toyo Aluminium K.K., Japan for manufacturing of new-aluminium paste products being Leafing Aluminium Paste.

2017

- The Company received ÂVIA-Solar Vidarbha Udyog GauravÂ in the Medium Scale Industry Category from Vidarbha Industries Association for its outstanding contribution to Industrial Development of Vidarbha.

2019

-Company has issued Bonus Shares in the Ratio of 1:2.

2021

-''Commercial Production (Rolling Mill) at Aluminium Foil Plant at Umred MIDC''.

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