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ELGI RUBBER COMPANY LTD.

22 January 2025 | 09:54

Industry >> Rubber Processing/Rubber Products

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ISIN No INE819L01012 BSE Code / NSE Code / Book Value (Rs.) 41.46 Face Value 1.00
Bookclosure 14/08/2024 52Week High 155 EPS 2.33 P/E 47.26
Market Cap. 551.05 Cr. 52Week Low 45 P/BV / Div Yield (%) 2.66 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The Hon'ble HIgh Court of Judicature at Madras, vide orders dated 16.12.2010 read with its order dated 25.01.2011 approved the Scheme of Amalgamation and Arrangement between Elgi Rubber Company Limited, Treadsdirect Limited, Elgi Rubber International Limted, Titan Tyrecare Products Limited and Treadsdirect (India) Limited and their respective shareholders.

The aforesaid orders of the Hon'ble High Court of Judicature at Madras was files by ERCL, TDL, ERIL and TDL (Formerly TDIL) with the Registrar of Companeis (ROC), Coimbatore and by TTPL with the REgistrar of Companies, Pondicherry on 01.01.2011 and 23.02.2011 respectively. The Effective Date of the Scheme is 01.01.2011.

Elgi Rubber Company Limited (Formerly Elgi Rubber International Limited): This Comapny Would focus on manugacture of tyre repair materials, reclaim rubber products, envelopes, patches and other related accessories and windmill operations of the group.

2016 -Launch of 6 - Series Retreading Machinery

2017 -Launch of Ultra series premium curing envelopes.

2022 -Launch of 2 Series Retreading Machinery.