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Acrow India Ltd
NSE: BSE: 513149
₹828.15
(4.81%)
Thu, 16 Jul 2026, 01:30 am
Market Cap (in Cr)55.68
PE Ratio123.06
Dividend0
Producer Manufacturing
Industrial Machinery
24.5KCompany History
1960
- The company was incorporated on 10th March as a joint venture between Hindustan Construction Co. Ltd. and Acrow (Engineers) Ltd., U.K.
- The company established a factory at Vikhroli in Mumbai.
1979
- 426 shares were issued pursuant to a contract without payment in cash and 427 shares were issued as bonus shares.
1980
- 1,600 bonus shares were issued in a 1:1 proportion.
1983
- 3,200 bonus shares were issued in a 1:1 proportion.
1985
- The company's profitability was adversely affected due to recessionary trends in construction activity and financial constraints.
1986
- The company faced severe competition from unorganised and small scale sectors.
- Acrow Plc., U.K. offered its total holding for sale to the Indian public.
1988
- The company closed down its Vikhroli factory.
- The company faced competition from small scale sector units and poor availability of raw materials.
1989
- The company acquired a plot of land at Trans Thane Creek, MIDC, Thane.
1995
- The company entered into a technical collaboration agreement with M/s. Bud-Pak Pty. Ltd. Australia.
2006
- The company recommended a dividend at 10%.
2011
- The company recommended a dividend at 50%.