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History of Nova Electro Magnetics Ltd.

The Comp. was Comp. was incorporated on 21st November, 1989 as a public Limited Comp. under the companies Act, 1956 and obtained certificate of commecement of business on 30th November, 1989 from the Registrar of companies , Delhi and Haryana, New Delhi.

It manufacture video cassettes, video magnetic Tapes 1/2' & V.O.Housing.

The Comp. has been promoted by Sarvashri G.K.Gambhir, & Nova Magnetic Limited [NMLs]. The promoters have vast industrial experience in the field of steels & Electronics. NML promoted by Gambhirs is successfully engaged in manufacture of video tapes & cassettes with foreign technical collaboration and presently exporting its major product in countries like U.K., Hong Kong, & singapore.

The company project is being set up with a technical assistance from its Promoter Comp. Nova Magnetic limited, which itself is a reputed manufacturers of video tapes and cassettes in India, having foreign collaboration & exporting more than 85% of its production to various countries.