Plaza Wires Ltd. Company History and Annual Growth Details

Our Company was originally incorporated as ‘Navratna Wires Private Limited’ as a private limited company under the provisions of the Companies Act, 1956, pursuant to a certificate of incorporation dated August 23, 2006 issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana. Pursuant to a special resolution passed by the shareholders of our Company at the extra-ordinary general meeting held on October 10, 2007, the name of our Company was changed to Plaza General Cable Wire Private Limited and a fresh certificate of incorporation dated October 26, 2007 was issued to our Company by the Registrar of Companies, Delhi. Subsequently, the name of our Company was changed to ‘Plaza Wires Private Limited’, and a fresh Certificate of Incorporation issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana on February 06, 2009. Thereafter, our Company was converted to a public limited company, pursuant to a special resolution passed by our shareholders in the extra-ordinary general meeting held on December 29, 2021 and the name of our Company was changed to ‘Plaza Wires Limited’ and a fresh certificate of incorporation dated March 10, 2022 was issued to our Company by the Registrar of Companies, Delhi. The CIN of our Company is U31300DL2006PLC152344

Major events and milestones:

2006

-Incorporation of our Company with the name “Navratna Wires Private Limited”

2009

-Ventured into the marketing and sales of Aluminium Cables through third-party manufacturers under our home brand ‘Plaza Cables’.

-Purchase of land, building, plant & machinery and other misc. fixed assets from Sonia Gupta, then partner of Plaza Electrical Industries for consideration other than cash.

2011

-Ventured into the marketing and sales of PVC Conduit Pipes and Accessories through third-party manufacturers under our home brand ‘PCG’.

2010

-Ventured into the marketing and sales of PVC Insulated Tapes for the retail market through third-party manufacturers under our home brand ‘PCG’.

2016

-Our Company expanded its operations by entering the market in southern India having started with Kerala expanding to Tamil Nadu and Karnataka.

2017

-Launch of the 3D Wires which have triple layer bunching and triple coating of PVC.

2018

-Ventured into the marketing and sales of ceiling fans, ventilation fans, TPW fans, exhaust fans and farrata fans through third-party manufacturers under our home brand ‘Plaza Cables’.

2021

-Our Company launched miniature circuit breakers and distribution boards. It also a new type of economical wire under the brand viz. “Action Wires” to fill the gap for a quality product at an economical price.