Company History: We were originally incorporated as Gremach Commerce Private Limited vide Certificate of Incorporation No. 21-52026 on June 12 1991 with Registrar of Companies West Bengal and subsequently converted into a Public Limited Company on December 16 1995 vide fresh Certificate of Incorporation dated January 12 1996. The Company was renamed as Gremach Infrastructure Equipments & Projects Limited with effect from August 9 2005. The turnover of our company has grown to Rs. 7585.13 lakhs with the net profit of Rs. 401.17 lakhs in the FY 2005-06 from Rs.1878.42 lakhs with the net profit of Rs.16.23 lakhs in the FY 2001-2002 respectively. For the current nine months ended 31.12.2006 the turnover was Rs.8323.36 lacs with net profit of Rs.594.63 lacs.
Milestones Year Particulars
1991 Incorporation in June
1994 Increase in Authorised Capital to Rs. 20 Lacs
1995 Taken over by Current Promoters
1995 Converted into Public Limited Company from private company
1995 Increase in Authorised Capital to Rs.530 Lacs
1995 Profit in the first year of Takeover
2002 Increase in Authorised Capital to Rs. 730 Lacs
2005 Increased in Authorised Capital to Rs. 2230 Lacs
2005 The Company changed its name to Gremach Infrastructure Equipments and Projects Limited
2007
-Gremach Infrastructure Equipments & Projects Ltd has appointed Shri. Surendra Jain as an Additional Director (Independent Director) in the Company w.e.f. July 23 2007
-Gremach Infrastructure Equipments & Projects Ltd has informed that the Board of Directors of the Company at its meeting held on December 05 2007 has appointed Shri. P Subba Rao as a Director in the Company w.e.f. December 05 2007.
2008
- Gremach Infrastructure Equipments & Projects Ltd has appointed Mrs. Mridula Krishna as Additional Director of the Company w.e.f. October 31 2008.