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Home > Business India > Company Profiles: Morgan Industries Ltd.

Morgan Industries Ltd.
Registered Office & Factory : C-2 Sipcot Industrial Complex Cuddalore Tamil Nadu - 607005 Tel: 239707
Business Group: Not Applicable Industry Type: Plastics - BOPP - Sheets/Films
Key Officials:
Mr. Ashok Mehta
Mr. V Venkataraman
Mr. Nirmalendu Biswas
Mr. V Balasubramanian
Mr. V Rajamani
Mr. Ashok Balasubramanian
Director
Executive Director
Director
Chairman / Chair Person
Director
Managing Director
Public Issue Date: 18/05/1992 BSE CODE: 523564 NSE CODE: Not Available
Face Value: 10 Market Lot: 1 ISIN: INE701E01017
Current PE: 3.5419 Current Market Capital: 4.5
Promoters %: 66.7021
Promoters Shares: 10005310
Institution Investment %: 0.002
Institution Investment Shares: 300
Auditor:
R Subramanian & Co.
Banker:
Registrar:
Skyline Financial Services (p) Ltd. Not Available
Company History: Morgan Industries Limited (MIL) incorporated on 26.12.1989 as a public limited Company obtained its certificate of commencement of business on 19.1.90. The Company has obtained SIA Registeration for manufacture of Self Adhesive tapes for 6000 TPA other than those reserved for small scale sector and for manufacture of Adhesives for 10000 TPA excluding industrial adhesive based on Starch gum dextrine Silica Synthetic adhesives based on Rubber latex PF UF PVA based. This Company is setting up a plant to manufacture 40.11 million square metres (3000 tonner per annum) self adhesive tapes based on BOPP Kraft & PVC and 6000 TPA of adhesive for various applications at SIPCOT Industrial Complex Village Cuddalore South Arcot District Tamil Nadu.

The Company has been promoters by Mr. Ashok Balasubramanian Friends and relatives.

2002-Morgan Industries Ltd has informed BSE that the Board of Directors of the company at its meeting held on August 22 2002 approved the preferential issue of 5000000 equity shares @ a face value of Rs 10 each aggregating to Rs 50 million at par to the promoters and associates subject to the approval of the shareholders in AGM and consent/approval from SEBI and other appropriate authorities if any.

2004

-JP Morgan India has promoted Vedika Bhandarkar as the MD of JP Morgan India and Srinivasan Varadarjan as the MD of JP Morgan Securities India.

(Source: RTGSL)


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