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History of Hindustan Ceramics Ltd.

YEAR EVENTS 1993 - The Comp. was incorporated on 31st March & obtained Certificate of Commencement of Business on 24th January 1994. Promoted by Vinod Bansal & Sajjan Kumar.

- The main objective of Comp. is to manufacture & sell Bone China ceramics, Tablewares, Kitchenwares and Artwares.

- The Comp. is setting up a modern plant in the small scale sector for manufacture & sale of Bone China ceramics, tablewares, kitchenwares, artwares like Bone China tea sets, dinner sets, etc. at Hissar, Haryana.

1994 - 30,81,400 No. of equity shares issued through prospectus. Of which 8,55,700 shares allotted to promoters, directors & their friends. Balance 22,25,700 shares was allotted to the public [all were taken ups].

1996 - 19,87,800 No. of equity shares of Rs. 10 each at a premium of Rs. 1.28 per shares allotted by Comp. to the partners of M/s. National Agro Industries as purchase consideration on take-over of their business.