I just read this e-book, simply because, according to my friend this book is written by some of the ingenious individuals who foresaw and also profited even from the financial collapse. - Sunita
I heard people are using this e-book as a Self-help guide to investing. I recently finished studying it, and never have experimented with any of the strategies; however they all appear to make sense. - Rajiv
A fantastic guide overall. Quite different from almost all other value investing publications because it concentrates on finding unique scenarios that are best to invest in. - Alexis
This particular e-book really opened up my eyes to some fresh opportunities and possibilities that while investing I should be looking for. Once you have read this traditional value investing book you will learn a lot. - Kavita
I really like the writer of this book. It is simple, properly explained, amusing, relevant, and incredibly well planned. This particular e-book is really a holy bible for dealing with unique circumstances in the market. - Saurabh

History of Atlas Copco [Indias] Ltd.

YEAR EVENTS 1960 - The Comp. was incorporated on 28th January, at Mumbai as a Private Limited Comp. & converted into a Public Limited Comp. on 15th May, 1972.

- The Comp. manufacture compressed air equipment, air tools and other allied equipments mainly used in construction, mining and engineering industries. At present the Comp. manufacture air compressors, rock drills, pushers, lubricators, grinders and couplings.

1962 - 792 shares issued to Atlas Copso AB, Sweden.

1965 - 444 Shares issued to Atlas Copco AB, Sweden against, payment for capital goods.

1971 - Shares subdivided. 2,82,000 bonus shares issued.

1977 - In June 1972, 3,21,340 shares issued at a premium of Rs 7.50 per share; 32,090 shares reserved for Indian Directors & employees & 2,89,250 shares offered to the public.

1978 - 803,340 bonus shares issued in propn. 1:1. 8,11,216 shares were then issued: 7,71,216 shares as rights to Resident Indian shareholders in propn. 6:5 & 40,000 shares to Indian directors & employees.

1982 - 24,17,896 Bonus shares issued in prop. 1:1 in September.

1986 - The Comp. undertook to set up a new factory at Mahalunge-Ingle near Chakan in a backward area in Maharashtra State about 25 kms. from Pune.

1987 - Atlas Copco Tools AB, a wholly owned subsidiary of Atlas Copco AB, Sweden, acquired Chicago Pneumatic, U.S.A. The agreement includes transfer of foreign shareholdings in CPT India limited and Revathi CP Equipments, limited However, Atlas Copco [Indias] Ltd. & CPT [Indias], limited would continue to exist as separate entities.

- 24,17,896 bonus shares issued in propn. 1:2.

1988 - The new products introduced during the period were industrial compressors like GA-2007, silenced & packaged versions of other GA Compressors, fully hydraulic water well rigs. The Company proposed to take up ROC 400 series of crawler drills for the mining sector.

1989 - The sole selling agency for Coromant products of Sandvik Asia limited was terminated effective from 1st February.

1990 - New products such as line drilling equipment & light wagon drills for surface mining were launched.

1992 - The Comp. has absorbed technology to introduce oil-free compressors in India.

1993 - The Comp. doesn't have a specified Research & Development Department.

1994 - New products are developed & tested for alternate materials as well as aggregates, in close coordination with various vendors.

1995 - During the year, the Comp. had introduced an Early Voluntary Retirement Scheme for its employees.

- The Compressor Technique Division has already acquired ISO 9001 certification & the Construction & Mining Technique Division will acquire this certification by end of year.

- The Construction & Mining Technique Division is working on a new product viz. track mounted surface drilling equipment, which will be launched.

1996 - In February, Det Norske Veritas, a leading certifying body awarded the Certificate of ISO 9002 for manufacturing plant at Dapodi.

- The Construction & Mining Technique Division has launched a new product viz. track mounted surface drilling equipment, which has successfully completed rigorous trials at customers' mining sites.

1997 - The Comp. took a series of measures such as restricting of business, discontinuation of manufacture of compressor elements & instead import technically superior elements from principals & concentrate an assembly of compressors & shifting of operation from Mumbai to Dapodi in Pune.

- The compressor division is also entering new lines of operators & is entering into a collaboration agreement with Atlas Copco Comptech, US, for medium & large centrifugal compressors in the range of 700 KW to 2 MW.

- The construction & mining equipment division is also entering new product lines such as pneumatic chipping hammer & rock drills, mainly for parent company export markets.

1998 - Atlas Copco [Indias] Ltd have introduced their new range of Construction tools.

- Atlas Copco [Indias] Ltd, part of Swedish multinational Atlas Copco group, is restructuring its construction & mining technique division & entering new product segments to focus on the high-growth infrastructure projects business. The division is also being restructured with a view to making it a manufacturing unit for group global operations.

- The Credit Rating Information Services of India Ltd [Crisils] has assigned a P1+ rating to the Rs.6-crore commercial paper [CPs] programme of Atlas Copco [Indias] limited The rating agency has also reaffirmed the FAA+ rating assigned to the company's fixed-deposit [FDs] programme.

- Atlas Copco has launched a slew of new products which would help the Comp. gain a better footing in the mining & construction equipment industry.

- Atlas Copco India Ltd [ACILs] will develop a full-fledged service support network for its products, Giulio Mazzalupi.

- As a first step, it has successfully introduced voluntary retirement scheme [VRSs].

- The company construction & mining technique division has launched new products like pneumatic breakers & chipping hammers which have been well accepted by market.

1999 - Atlas Copco [Indias] Ltd has embarked on a programme `Investing for future' which lays stress on development of new products like centrifugal compressors for local market.

The Comp. has made part payment of one-time lumpsum royalty of Rs 2.45 million to Atlas Copco Comptec USA, for supply of technical know-how for these compressors.

2000 - Swiss engineering giant Atlas Copco AB has decided to merge two of its three Indian affiliates Atlas Copco India & Chicago Pneumatic India.

2002

-Atlas Copco India Ltd informs that Mr Andre Schmitz, MD of Comp. has been re-appointed for a further period of 3 years. Mr Freek Nijdam, Director of Comp. has resigned from the Board.

-Atlas Copco India Ltd enters into definitive agreement with Utkal Investments Ltd, for sale of 3,20,200 equity shares of Revathi Equipment Ltd Coimbatore at a price of Rs 234 per share.

2003

- Atlas Copco [Indias] Ltd informs BSE that the Board of Directors at its meeting held on April 29, 2003 accepted the resignation of Mr Hari Shankar Singhania - Chairman of Comp. & elected Mr. Anil Kumar Hirjee as Chairman of company. Further, Mr. Andre Schmitz resigned as Managing Director of Comp. effective April 29, 2003 however he will continue to be Director on the Board.

-Signs Wage settlement with Atlas Copco Employees Federation at Dapodi, Pune.

2006

-Atlas Copco India Ltd appointed Mr. Mahmoud Mustapha as Managing Director effective from October 01, 2006.

2009

- Atlas Copco India Ltd has appointed Mr. Filip Vandenberghe as an Additional Director of Comp. with immediate effect.