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Company Information

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MODISON LTD.

15 January 2025 | 03:44

Industry >> Electric Equipment - General

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ISIN No INE737D01021 BSE Code / NSE Code 506261 / MODISONLTD Book Value (Rs.) 63.51 Face Value 1.00
Bookclosure 30/07/2024 52Week High 233 EPS 6.58 P/E 25.35
Market Cap. 541.53 Cr. 52Week Low 97 P/BV / Div Yield (%) 2.63 / 1.50 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
1965 - Modison Metals Ltd was founded in 1965 with only trading activity and promoted by Girdharilal Madanlal Modi, Rajkumar Mohanlal Modi and Sureshchandra Purshottamdas Mody.

1975

-The first manufacturing unit was established for refining of Silver. -Technology transfer for complete HV contacts from Doduco - Developed own copper chrome alloy for HV contacts

1996 - From the year 1983 to 1996 the company had technical collaboration with DODUCO, Germany that enabled the company to develop many hi-tech products.

2007 - Board members of the company had approved on 7th July 2007, the sub division of 32,50,000 equity shares of the nominal value of Rs. 10 each to the authorized share capital of the company into 3,25,00,000 equity shares of Re 1 each.

- The company had 10th August 2007 for the record date for the purpose of sub division of fully paid up equity shares of the company with face value of Rs.10 each into 10 fully paid equity shares of the face value of Re 1 each.

2008

- Company has designated the following email ID for the purpose of registering investors grievances / complaints:shareholder@modison.com. -Modison Metals has declared Dividend of Rs 0.40 (40%) per equity shares of Rs 1/- each. -Started steel backed button contacts; imported plant from Italy

2009

-Company has recommended Dividend of Rs 0.40 (40%) per equity shares of Rs 1/- each.

2010

-Modison Metals has recommended a dividend of Rs. 0.75 (75%) per Equity Share of Rs. 1/- each.

2011

-Company has recommended a dividend of Rs. 1/- (100%) per Equity Shares of Rs. 1/- each. - Developed high performance current carrying contacts - Developed silver compound business - Amongst Top 3 in CNBC TV18 award

2012

-Modison Metals has recommended a dividend of Rs. 1.00 (100%) per equity share of Re. 1/-.

2013

-Company has recommended a dividend of Re. 1/- (100%) per equity shares of Re. 1/- each. -Mr. Rakesh S. Singh is appointed as Chief Executive Officer (CEO) of the Company.

2014

-Modison Metals has recommended a dividend of Rs. 1.25 (125%) per equity shares of Re. 1/- each.

2022

-Company name has changed to Modison Ltd. from Modison Metals Ltd..