- The Company was Incorporated on 5th June in Delhi as a privatelimited company under the name Alfa Rubber Co. Ltd. It was convertedinto a public limited company on 8th October 1969. The Companymanufacture variety of cables such as automobile cables startercables PVC flexible cables winding wires armoured and unarmouredpower and controlled cables AAC/ACSR conductors etc.

1971

- All shares issued to promoters etc. 750 shares prior to 1970 and19 250 shares during the year.

1973

- The Name of the Company was changed to Finolex cables Ltd. witheffect from 23rd August.

1974

- 25 000 share issued as rights in prop. 5:4.

1981

- Authorised capital reclassified and increased. Equity sharessub-divided during 1982. 4 50 000 Rights Equity shares of Rs 10 eachissued at par in prop. 1:1 on 18.10.1982.

1983

- 9 00 000 shares issued a premium of Rs 8 per share through prospectusdated 27th May out of which the following shares were reserved forallotment: 1 98 000 shares in equal proportion to ICICI and UTI; 35 100shares to employees (including working directors of the Company) and14 040 shares to associates of the Company. 6 52 860 shares (alongwith the unsubscribed portion if any from the reserved quota) wereoffered for public subscription during July.

1987

- Government approval was received for doubling the production ofJelly-filled telephone cables.

- The Company entered into a technical collaboration agreement withReliance Comm/Tec. of U.S.A. manufacturers of connectors protectors DP boxes cross connect terminals etc. The Company was to representReliance Comm/Tec. for their products in India.

- The Company entered into a technical collaboration agreement withNorddevtsche Seekabel Werke AG of W. Germany for the manufacture ofhigh-tech special submersible cables.

- 14 40 000 No. of equity shares issued as bonus shares in prop. 4:5.

1991

- The Company proposed to add balancing equipment and infra structuralfacilities for enhancing the capacity of the Urse factory further.

- A letter of intent was received for the caustic soda/chlorineproject. Land allotted by MIDC and negotiations with foreigncollaboration were on for technical know-how and investments.

- The Company issued 8 50 000 - 18% non-Convertible secured redeemabledebentures of Rs 100 each on private placement basis.

1992

- The Company proposed to take up manufacture of rubber insulatedcables as also fluoro-polymer insulated cables in view of theincreasing demand for it. In addition facilities for manufacture ofoptic fibre cable was also in the offing and negotiations were on fortechnical collaboration/joint venture.

- The Company issued 1 50 000 - 15% non-convertible secured redeemabledebentures of Rs 100 each for Rs 150 lakhs on private placement basisto Financial Institutions as follows:

- (i) debentures of Rs 50 lakhs to UTI

- (ii) debentures of Rs 50 lakhs to LIC

- (iii) debentures of Rs 8 lakhs to National Insurance Co. Ltd.

- (iv) debentures of Rs 10 lakhs to New India Assurance Co. Ltd.

- (v) debentures of Rs 10 lakhs to United India Insurance Co. Ltd.

- The Company issued 4 00 000 - 14% (`C' Series) and 1 50 000-14% (`D'Series) non-convertible debentures of Rs 100 each for a total sum of Rs5.50 crores on private placement basis with financial institutions aregiven in the table along aside.

- Non-convertible secured redeemable debentures of "C" and "D" Seriesare redeemable at a premium of 5% payable on the expiry of the 7th yearfrom the date of allotment in five equal annual instalments commencingfrom 30th March 1994 and 23rd September 1993 respectively.

- 32 40 000 bonus equity shares issued in prop. 1:1.

1993

- The Company proposed to expand the existing facilities at Pimpri forthe production of light duty cables.

- The Company proposed to take up manufacture of PVC and Polycarbonaterigid Thermoplastic sheets and PVC calendared products and negotiationwere on for joint venture.

1994

- Facilities for manufacture of jelly filled telephone cables werefully shifted to Urse plant and was installed with a capacity of 5.5million cable Kilo Metre. Installation of additional equipment as wellas modernisation of the existing facilities was carried out at Urseplant.

- It was proposed to put up a factory in Goa for manufacture ofContinuous Cast Copper Rods with an initial capacity of 60 000 TPA andrelated down stream copper wire products in a joint venture with EssexGroup Inc. USA.

- It was also proposed to put up a captive power plant of about 25 MWat Ratnagiri.

- As per the general meeting of the Company held on 5th March promoters were issued 15 00 000 warrants. On 15th September 17 79 850No. of equity shares were allotted at a premium of Rs 465.20 per share.With this 6 10 075 warrants representing 12 20 150 No. of equity shareswith a premium aggregating Rs 57.98 crores are yet to be converted.

- 33 13 25 GDRs representing 33 13 254 No. of equity shares were raisedleading to an amount of US $ 550 lakh.

- The Company issued commercial papers worth Rs 1500 lakhs.

1995

- The Company promoted joint venture companies under itsdiversification programme are as follows: (a) Finoram Sheets Ltd.: Theproject implementation was at an advanced stage of implementation (b)AT&T Finolex Fibre Optic Cables Ltd.: The Company will manufacturefibre optic cables at urse with an initial capacity of 10 000 Kms. ofcable. (c) Finolex Essex Industries Ltd.: The company will manufacturecontinuous cast copper Rods and related downstream copper wire productsin collaboration with Essex Group of U.S.A.

- The installed capacity for manufacture of Jelly filled Telephonecables was increased to 6.5 MCKM by installing necessary additionalequipment.

1996

- As a matter of diversification the Company was in the process ofsetting up manufacturing facilities for fibre optic cables with acapacity of 10 000 Cable Kms. at Urse in a joint venture with AT&T ofUSA.

1997

- The Company proposed to set up a plant for production of Light DutyCables with an investment of about Rs 750 million.

- The Company undertook a programme of modernisation in the manufactureof conventional cables and generally to improve the infrastructure forachieving higher efficiency.

- Finolex Cables has a joint venture with Paltough of Italy tomanufacture PVC poly-carbonate rigid thermo-plast sheets an MoU withTarmac Black and Veach of US for power purchase with KSEB for a projectin Kerala a joint mission with Heogen-plast to make flexible plasticsheets and a joint venture with AT&T of US for fibre optic cables.

- Creole Holding Co. Ltd. and Finolex Finance Ltd. are the twowholly-owned subsidiaries of Finolex Cables.

- The Company's erstwhile wholly owned subsidiary Finoram Sheets Ltd.has been amalgamated with the Company with effect from 1st April.

1998

- The company over the years has set up a string of joint ventureswith various international majors.

- Finolex Cables Ltd the flagship of the Finolex group is one of themain private sector power cable manufacturing companies in India.

- Finolex is the only Indian company to have received certification byUnderwriters Laboratories Inc United States for computer LAN cables.

- The company recently modernised and expanded its LDC unit at Pimprinear Pune to meet increasing demand.

- The company has also developed thin walled high temperature resistantautomobile wires an commenced supplies to reputed harness manufacturersfor use in Maruti Daewoo and General Motors cars.

- The Company entered into a joint venture with Lucent Technologies forthe manufacture of fibre optic cables.

- Finoram Sheets Ltd. became a wholly owned subsidiary of the company.

1999

- The company is investing Rs 75 crore for setting up a newmanufacturing unit at Goa.

- A special committee has been set up under six directors to look atthe various options of implementing buyback.

- Finolex Cables Ltd has declared a bonus issue in the ratio of oneequity share for every one share held.

- FCL has also entered the automotive component market with themanufacture of thin wall high temperature wires.

- The company has now become a major sourcing point for internationallyestablished automobile harness makers and has recently launched 105degree celsius temperature resistant thin-walled wire.

2000

- The company has informed that offer for Buy-back of 36 10 620 No. ofequity shares in a price range of Rs 240 to Rs 275 through the bookbuilding process during the period commencing from 15.02.2000 to29.02.2000.

- The Company is all set to acquire the holdings of Essex Group Inc the company has infromed the National Stock Exchange.

- Finolex Essex Industries Ltd has become wholly owned subsidiary ofthe company and will continue to act as a separate entity.

- An illegal strike was started on December 28 by a section of theworkers of the company's JFTC plant at Urse near Pune.

2001

- The Company has informed that the workers/engineers on strike at itsJFTC plant in Urse District Pune have called off their strike withimmediate effect after reaching an agreement with the management andalso they have agreed to resume duties.

2002

-Finolex Cables completes acquisition of Optical Fibre business of Finolex Technologies.

-Develops total cable solution provider expanding from single plant to two new plants.

-BOD passes a resolution and its circulation approved the following revised Offer Time Table for the proposed buy back of equity shares by the company: Board Meeting approving Buy back - May 11 2001.

-Transfers the beneficial interest of the entire shares held by the company and its nomineesin its wholly owned subsidiary Creole Holdings Company Ltd.

-Divests its entire share holding in the erstwhile subsidiary Creole Holdings Company Ltd.

2004

-Finolex ties up with Bajaj Allianz for insurance cover

-Finolex Cables signs agreement with Bajaj Allianz

2005