Company History: YEAR EVENTS1986 - The Company was incorporated on 11th July as a Private Limited Company in the State of Maharashtra . - Multi-Arc India Private Limited was promoted in 1986 for undertaking ceramic coatings of cutting tools. The project was set up in technical & financial collaboration with Mult-Arc Scientific Coatings USA a division of Andal Corporation USA.
- The Company has been promoted by Mr. Chunilal O. Jani Mr. Ashok K. Jani Mr Bharat H. Deliwala Mr. Tushar Jani and Mr. Bharat Shah.
1993 - The Company has entered into an agreement with Multi-Arc USA for undertaking the manufacture of ION BOND COATING SYSTEMS.
1994 - The Company was converted into a Public Limited Company received a fresh Certificate of Incorporation on 23rd May.
- The Company's Public Issue of 9 00 000 No. of Equity Shares of Rs. 10/- each for cash at a premium of Rs. 30/- per share aggregating Rs. 360.00 lacs.
1995-99 - NO NEWS
2000 - The Company has agreed in principle to issue equity shares to a Strategic Investor on preferential basis.
- The Company proposes to issue/allot 4 00 000 No. of equity shares of Rs. 10 each at premium of Rs. 15 per share in terms of share application monies received from Jem Fiscal Ltd.
- The Company has allotted 11 58 380 Equity Shares of Rs. 10/- each at a premium of Rs. 15/- on preferential basis ocnsequently the paid up share capital of the Company has increased to rs. 505.89.
- The Company has entered into an agreement with Central Depository Services Ltd.
2004
-Delist from Ahmedabad Stock Exchange w.e.f. October 15 2004.
2006
-Multi Arc India signs MOU with Dynatech Furnaces on April 05 2006.
