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Company Information

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GOLKONDA ALUMINIUM EXTRUSIONS LTD.

07 March 2025 | 12:00

Industry >> Aluminium - Extrusions

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ISIN No INE327C01031 BSE Code / NSE Code 513309 / GOLKONDA Book Value (Rs.) 15.40 Face Value 10.00
Bookclosure 19/12/2024 52Week High 21 EPS 2.73 P/E 4.03
Market Cap. 5.79 Cr. 52Week Low 9 P/BV / Div Yield (%) 0.71 / 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 company was incorporated as a Public Limited company on 22nd August, 1988 and registered with the Registrar of Companies, Andhra Pradesh, at Hyderabad. The company had obtained certificate of commencement of Business on 9th September, 1988.

The immediate object of the company is to set up project at Kallkal village, Medak District, A.P. for the manufacture of 6,250 TPA of aluminium extrusions.

The company has been promoted by Mr. M. Rajendra Prasad, Mr. A. Seshagiri Rao and Progressive Constructions Ltd. The company has obtained capital goods clearance and Import Licence for import of the equipment. The other equipment such as furnaces and material handling system is being procured indigeneously.

2001 - The Company bought back 1,29,661 shares of Rs 10 each held by IDBI at Rs 15 per share.

2005 -Danish co picks up 60% equity in Pennar Profiles Ltd

2006
-Alumeco India Extrusion Ltd has appointed Mr. Kamal Kumar as additional director of the Company.
-Company has changed its name from Pennar Profiles Ltd. to Alumeco India Extrusion Ltd.                                               
                                                      
2007 - Mr. Kamal Kumar, Plant Manager, as the new Chief Operating Officer of the Company.

2015 -Alumeco India Extrusion becomes Golkonda Aluminium Extrusions - The company has changed its name from Alumeco India Extrusion Ltd. to Golkonda Aluminium Extrusion Ltd.