G R Cables Ltd Share Price

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Chairman & Managing Director G R Reddy
Independent Director S R Govinda Rajan
Independent Director P Ramesh Babu
Nominee (APIDC) C Mariamma
Director G V B R Reddy
Independent Director A Ranganayakulu
Addtnl Independent Director Lakshmi Sree Kadumuri
Addtnl Independent Director Pushpala Beena Naidu
Company Secretary Haritha Varanasi

Promoted by G R Reddy and Associates, G R Cables set up facilities to manufacture Jelly-Filled Telephone Cables (15 lac CKM), part-financed by the par issue made on Jan.95.Mainly used for inter-city networks, the demand for JFTCs depends mainly on the investment / outlay for adding new direct exchange lines. In a business where demand outstrips supply, cost-competitiveness will determine the quantum of orders from the DoT and MTNL. Since the project cost/CKM is among the lowest in the industry, the company is expected to bid competitively for tenders floated by the DOT and MTNL. The experience of the main promoter G R Reddy and Chairman S M Prasad (former CMD of MTNL) in this field will help the company.The company has a collaboration with the Essex Group, US (which also has agreements with Sterlite, Finolex Cables and T N Telecommunications).The company introduced new types of Switch Board Cables during 2001-02.During 2002-03 the sales were dipped due to non acceptance of the orders from various customers. This was due to price reduction and un-remunerative sales prices offered by BSNL/MTNL.

REGISTERED OFFICE

36 Santhosh Nagar,
Mehdipatnam,Hyderabad,
Telangana-500028

Tell. : +91-040-23521246/23521276
Website :
Email : grcablesltd@gmail.com

REGISTRAR OFFICE

3rd Flr 306 Rightwin,
Somajiguda,Hyderabad-500082
INDIA

Tell. : +91-40-23374967/23370
Website : www.bigshareonline.com
Email : bsshyd@bigshareonline.com