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SUDAL INDUSTRIES LTD.

21 January 2025 | 12:00

Industry >> Aluminium - Extrusions

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ISIN No INE618D01015 BSE Code / NSE Code 506003 / SUDAI Book Value (Rs.) 23.01 Face Value 10.00
Bookclosure 28/12/2024 52Week High 68 EPS 144.81 P/E 0.37
Market Cap. 44.88 Cr. 52Week Low 32 P/BV / Div Yield (%) 2.33 / 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.
M/s Sudal Industries Ltd was incorporated in 1979 as Sudarshan Aluminium Industries Ltd. and subsequently changed its name as Sudal Industries Ltd. Company was incorporated on 8th August, 1979 at Mumbai with CIN No L21541 MH 1979 PLCO 21541 dated 08.08.1979. Company is listed on Bombay Stock Exchange.

Main objects of the Company are To manufacture, buy, sell, import, export, process, fabricate, extrude mould, shape, refine, and otherwise deal in and act as agents, stockists, repairers, founders, converters, rollers, re-rollers, drawers of aluminium ingots, aluminium alloys, other non-ferrous alloys, alumina and aluminium goods and other non ferrous metals goods of all type and description including sheets and rolled products aluminium and alloy castings, moulding, redraw wire rods, extruded sections, circles, strips and utensils, wires, cables and conductor, plain and corrugated sheets, plates, coils trays, cans and container, tubes, angles, flags, channels, transmission accessories, hardware and anodised fittings, aluminium furniture doors, windows and other fabrications, coils, aluminium powder, aluminium paste and aluminium scrap.

Registered Office and Factory of the Company A-5 , MIDC, Ambad Industrial Area, Mumbai Nashik Highway, Nashik- 422-010 Mahaashtra. Corporate Office is at26A, Nariman Bhavan, 227, Nariman Point, Mumbai - 400-021 Shri Sudarshan S Chokhani is Commerce Graduate and completed his further study in EDP from Mumbai University. He is one of the founder promoters of the Company. From 1965 Shri Suadarshan S Chokhani and father late Shri Shriram C Chokahani started the business in Aluminium and allied metal as a consignee agent of Hindalco Industries Ltd. Thus he has an experience of over four decades in Aluminium Business. In Aug, 1979, Shri Sudarsshan S Chokhani a one of the promoters with his father formed this Company and had training and business exposure under the able leadership of his father. After acting as Jt., Managing Director for over a decade and death of his father in Oct,2010, Shri Sudarsshan Chokhani has been appointed as a Managing Directors. The Company, under his able leadership, been able to double the installed capacity to 19900MT and widen the range of products. Shri Shyantanu S Chokhani. has completed school from The Cathedral & John Cannon School, Mumbai, and Higher Secondary from The International School, Bangalore. He has also completed his graduation in Management Studies (bachelor of Business Administration) From Nottingham University, U.K. He has exposure to and knowledge of Global Industrial and Business Management Practices. Initially on 29th Dec, 2008 was appointed directors and on 1st November, 2010 he has been elevated to the position of Jt., Managing Director and company has started to rip the benefits of his knowledge of global Industrial and Business Management. We are a Public Limited Company engaged in the manufacturing of Aluminium Extrusions / Profiles, Aluminium Solar Profiles, Aluminium BFB Steady Arm, Aluminium IPS Tubes, Auto Components, Aluminium Ladder Profiles, Non Ferrous Alloys (LM- 24, LM-6, ADC-12 & ADC-04 etc), Aluminium Ladder profile, Aluminium Bus-bars, Architectural & Transport Systems, as per customer requirements is equipped with Schlomann Siemag Extrusion Press of 1650 & also 900 Tons with all other allied equipments and we have had added another three Extrusion presses having capacity of 1650 Tns, 1450 Tons & 900 Tns (totalling to 5 Extrusions Presses). We are also having all other Allied Equipment like Billet Making Shop, Own Tool & Die Room and Quality Assurance Lab with Spectrometer of Jarrel Ash, U.S.A. and other latest testing equipments.

The Company has been accredited with NABL (National Accreditation Board for Testing and Calibration Laboratories) for Quality Lab. Company is Member of - Confederation of Indian Industry Engineering Export Promotion council Aluminium Association of India Indo-German Chamber of Commerce National Institute of Personal Management National Safety Council National Institute of Material management Awards 1. In 2000 from Hindustan Aeronautic Ltd Indigenous Development of Aluminium Extrusion section for Aircraft at ALEX- 2000 Seminar.

2. Certificate from Bhabha Atomic Research Centre, for successfully developing aluminium Section for Pokharan Project.

3. Award for First Place structural of the International Aluminium Extrusions design Competition from the Extrusion Technology for Aluminium Profiles Foundation for significant contribution to the 2006 International Aluminium extrusions design Competition.

2008

-E-mail ID for Investors Complaints- sudal@vsnl.com

-Shri Shyantanu S Chokhani & Shri Dinesh C Shah has been appointed as a Additional Directors of the company.

2010

-Board has recommended a dividend @10% Rs.1/-on per Equity Share of Rs. 10/-.

2011

-Board has recommended a dividend @10% Rs.1/-on per Equity Share of Rs. 10/-.

2012

-Board has recommended a dividend @10% Rs.1/-on per Equity Share of Rs. 10/- for the year 2012.

2014

-Sudal industries Ltd has won "Director of Industrial Safety & Health (DISH), Labour Division, Govt. of Maharashtra, and Mutual & Response Group (MARG), Nasik".