National Standard (India) Ltd. நிறுவன வரலாறு மற்றும் வருடாந்திர வளர்ச்சி தகவல்கள்

YEAR EVENTS
1962 - National-Standard Duncan Ltd. was incorporated on 20th August at
Calcutta. As a joint venture between National-Standard Co., USA
and the erstwhile Duncan Brothers & Co. Ltd., India.

- The main objective of the company is to manufacture beadwire for
tyres, other types of specialised wires and sales thereof.

- The company was formed as a result of collaboration between
National Standard Company, U.S.A., well-known beadwire
manufacturers and the Indian Agency House of Duncan Brothers &
Co. Ltd., Calcutta.

- NSD Investment Ltd., is a subsidiary of the company.

1964 - 8 shares subscribed for by the signatories to the memorandum of
Association. 49,492 shares issued at par 25,000 shares reserved
and allotted to National Standard Co. USA; 12,742 shares taken up
by Duncan Brothers & Co. Ltd. and 12,250 shares offered to the
public during Jan/Feb. 1963.

1974 - 25,000 Rights equity shares issued at par in prop. 1:2.

1977 - 25,000 bonus shares issued in prop. 1:3.

1981 - The company received industrial licence to manufacture steel tyre
cord.

1982 - The company received approval from Government for a new plant for
beadwire and another for manufacture of rubber machinery both to
be located in the state of Karnataka.

1983 - DGTD registration was received for the manufacture of hydraulic
tyre curing presses and tyre building machinery.

1985 - The company issued 50,000-15% secured redeemable non-convertible
debentures of Rs. 100 each by private placement with Unit Trust
of India.

1987 - The company had to marginally increase the selling prices of its
products in order to off-set partially, the rise in the cost of
production.

- CNC machines and machine tools were being installed in the
machinery divisions which manufactured various bead-making
machinery systems as import substitution.

- Assembly of fully automated tyre-bead making machinery systems
commenced. During the year, the construction of the new wire
plant at Doddaballapura.

- The machinery division received relevant approvals from concerned
authorities for foreign collaboration and import of special
purpose vertical milling machine for production of engraved steel
tyre moulds by 3-dimensional milling with multi-axes numerical
control which would enable upgradation of technology being
employed for production of all steel tyre moulds.

1988 - The company commissioned the second wire plant at Doddaballapura.
Apart from tyre-beadwire, the unit also manufactures brass-plated
reinforcement wire for high pressure hoses. The machinery
division assembled a state-of-the-art fully automated tyre-based
making machinery system electrically sequenced through a
programmable logic controller.

1989 - The continual upgrading of the manufacturing facilities enabled
the company to maintain profitability levels.

1990 - A CNC machine was installed at Hosakote to facilitate manufacture
of steel engraved tyre moulds of very large dimensions.
Machinery division plant at Thane added Tyre building drums to
its existing rang of products.

- 5,00,000 shares allotted on rights basis (prem. Rs. 12 per share;
prop. 1:2). 25,000 shares offered to employees/workers (prem.
Rs. 12 per share) but only 7,950 shares taken up. The balance
17,050 shares allowed to lapse.

1992 - The company received relevant approvals for technical
collaboration for manufacture of hydraulic tyre curing presses,
radially expanding tyre building drums, container for segmental
tyre moulds for radial tyres. The company also established
in-house manufacturing facilities for production of tyre building
drums at its machinery plant it Thane. Moreover, the
Doddaballapura wire plant capacity was being enhanced by
intallation of an additional wire drawing machine.

1993 - The machinery division widened its range of manufacture of
producing wire drawing machinery and single strand tyre bead
making machinery systems for making hexagonal beads and installed
at the wire division plant at Doddaballapura. The wire division
was engaged in establishing a new wire plant at Baddi.

1995 - The machinery division produced and successfully commissioned
state-of-the-art wire drawing machines and other equipments for
the Baddi plant.

- 9,55,092 shares allotted on rights basis (prem. Rs. 50 per share
prop. 2:3.

1996 - The machinery division started exporting shipping machinery
systems and special purpose equipments to tyre companies apart
from tyre moulds and spares for tyre Bead Lines.

2007

- Company name has been changed from National Standard Duncan Ltd to National Standard (India) Ltd.

2011
-Registered Office of the Company has been shifted To Room No#6, 4th Floor, Commerce House, 2A Ganesh Chandra Avenue, Kolkatta, 700 013, West Bengal.

2015
-National Standard (India) shifted the registered office of the Company from 216, Shah & Nahar Industrial Estate, Dr. E. S. Mosses Road, Worli, Mumbai - 400018 to 412, Floor - 4, 17G, Vardhaman Chamber, Cawasji Patel Road, Horniman Circle, Fort. Mumbai - 400001.

2017

-The has said that, inter alia:
a)Taken on record, the aforementioned Delisting Proposal received from the Acquirer;
b)Appointed Fedex Securities Limited, as Category 1 Merchant Banker in accordance with Regulation 8(1A)(ii) to issue Due Diligence certificate in accordance with Regulation 8(1E) of the Delisting Regulations;
c)In accordance with regulation 8(1A)(iii) of the Delisting Regulations, there was no trading in shares of the Company for a period of two years prior to the date of the Board meeting;
d)To determine the floor price in accordance with regulation 8 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulation, 2011;

Please take the above on record and acknowledge the receipt of the same.

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