Cords Cable Industries Ltd - CORDS CABLE Share Price

Summary

The Company was incorporated on October 21, 1991 as Cords Cable Industries Private Limited by a group of three professionals, Mr. Naveen Sawhney, Mr. D.K. Prashar and Mr. Rakesh Malhotra, with an objective to cater to the growing requirement for high quality customised cables. One of the main objects was to acquire and take over as a going concern the partnership business carried on under the name and style of Cords Cable Industries.The company has started its operations by manufacturing co-axial cables and instrumentation cables at Okhla Industrial Area, New Delhi. Thereafter, the company has took over the business of the partnership concern M/s Cords Cable Industries as a going concern along with all assets and liabilities with effect from May 1, 1992. M/s Cords Cable Industries was established on October 23, 1987 to manufacture and trade cables. Mrs. Santosh Malhotra, Mr. Chanan Lal Sawhney, Mr. B.D. Prashar, Mr. A.M. Sanghvi, Mr. Vimal Dev Monga jointly formed the firm. The company promoters are from engineering and management disciplines. They have been associated individually with the Cable Industry for over thirty years and have varied experience in the areas of manufacturing, marketing etc. in the Cable Industry. The Company became a deemed public limited company w.e.f July 1, 1997 and restored its status of private limited company again w.e.f February 6, 2003. The Company got converted into a public limited company.To keep up the growth momentum, the company has... Read More