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Shilpi Cable Technologies Ltd. Company History and Annual Growth Details

Incorporated as ÂRosenberger Shilpi Cable Technologies LimitedÂ at New Delhi on July 09, 2006 under the Companies Act, 1956 with the Registrar of Companies, National Capital Territory of Delhi and Haryana. On October 21, 2008 the name of the Company was changed to ÂShilpi cable Technologies LimitedÂ.

Major Events

2006

Incorporated as Public Limited Company under the Companies Act, 1956

The Company obtained Certificate of Commencement of Business from the
Registrar of Companies, Delhi and Haryana.

The Company become a 50:50 Joint Venture between Shilpi Communication
Private Limited and Rosenberger Hochfrequenztechnik GmbH & Co. KG, Germany
through Share Subscription cum Shareholders Agreement with Rosenberger
Hochfrequenztechnik GmbH & Co. KG, Germany and Shilpi Communication Private
Ltd dated July 21, 2006 for carrying the business of manufacturing RF corrugated
feeder cables.

2008

Commencement of Production at Chopanki Plant

The commercial production in the plant was halted on account of a dispute
between the Promoters.

The Joint Venture between Shilpi Communication Private Limited and Rosenberger
Hochfrequenztechnik GmbH & Co. KG, Germany ceases and all the shareholding of
Rosenberger Hochfrequenztechnik GmbH & Co. KG in the Company transferred to
Shilpi Communication Private Ltd

Name of the Company was changed to 'Shilpi Cable Technologies Limited'.

The commercial production in the plant was restarted.

2009

M/s Shilpi Cabletronics Limited (then known as Shilpi Cabletronics Private Limited)
became the subsidiary of our Company.

The Company defaulted in payment of an instalment of Rs. 241.53 Lacs for dues of
term loans from IDBI Bank for a total period of one month at the end of the year
(which was later regularized).

2010

The Company has entered into an agreement with M/s Crossbow Telecom Projects
Limited to undertake Turnkey Telecom Service Provider (TSP) business.

2011

-Shilpi Cable Technologies gets its shares listed in the stock exchange in the list of 'B' Group Securities.

2012

-Mr. Manish Bhatt has been appointed as the new CEO of the Company

2013
-Shilpi Cable Technologies has informed that, Mr. Narendra Kumar Singh has been appointed as an additional director on the Board of the Company.

2014
-Shilpi Cable Technologies Ltd has appoint Ms. Sneha Modi as a Company Secretary of the Company.
-Shilpi Cable Technologies Ltd has informed that Mr. Vikas Jaiswal has been appointed as the new CFO of the Company, w.e.f. May 26, 2014.
-Shilpi Cable Technologies Ltd has recommended the final dividend of Rs. 1.00 per Equity Share for the financial year ended March 31, 2014.
-Shilpi Cable Technologies Ltd has considered and approved the Bonus issue of equity shares to the existing shareholders in the ratio 1:1

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