The Comp. was incorporated in 1988, which entered the Capital Market in October 1989.
The Comp. continues to receive excellent support from its collaborators M/s. AKG Akustische U. Kino Gerate GmbH, Austria in the smooth operation of project. The Comp. has identified electronics as an area of diversification & an 'Electronic Division' has been formed in the country. In line with the liberalised policy of Government & to derive maximum co-operation & assistant in the development of new business area, Directors are of view that equity participation of collaborators should be increased from the existing 39% to 51% subject to necessary Government approvals.
The main objects & activities of Comp. includes manufacture of acoustic transducers, digital reverbs & effects processors, wireless microphone system etc. used in telehpones, public address system, studios etc.