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Apar Industries Ltd

NSE: APARINDS BSE: 532259

₹9305

(-6.91%)

Sun, 15 Mar 2026, 11:14 am

Company History

1989

  • The Company was incorporated on 28th September and obtained a certificate of commencement of business on 7th November.
  • The Company undertook to set up manufacture of Acrylonitrile Butadiene Rubber and latexes.
  • The Company entered into a technical collaboration agreement with M/s. Goodyear Tire & Rubber Co., U.S.A.
  • M/s. Dalal Consultants & Engineers Ltd. were appointed as engineering consultants for designing and procurement of equipment.

1990

  • The Company entered into a Memorandum of Understanding with M/s. APAR for technical assistance and marketing.
  • 1,001 equity shares of Rs.10 each were subscribed for by the signatories to the Memorandum of Association.
  • 141,58,999 equity shares of Rs. 10 each were issued for cash at par.

1991

  • The Company proposed to expand its manufacturing capacity from 6250 MT to 10,000 MT per annum.
  • The Company proposed to issue secured partly convertible debentures to shareholders.
  • The Company offered partly convertible debentures to employees.

1993

  • The Company received a package of reliefs and concessions from financial institutions.
  • The Company awaited approval for the proposed rights issue to repay term loans and reduce interest burden.

2002

  • IDBI nominated Shri V.D.Shinde as Nominee Director on the Board of the company.

2003

  • Members approved the delisting of shares from 2 Stock Exchanges.

2007

  • The Company appointed Mr. Sanjaya R. Kunder as the new Company Secretary
  • The Company issued bonus shares in the ratio of 1:3.

2008

  • Apar Industries Limited acquired Uniflex Cables Limited.

2010

  • Apar Industries Ltd recommended a dividend of Rs. 5 per equity share.

2011

  • Apar Industries Ltd recommended a dividend of Rs. 3.50 per equity share
  • Mr. Rajesh Sehgal was appointed as an Additional Director of the Company.

2012

  • Apar Industries Ltd recommended a dividend of Rs. 4 per equity share.

2013

  • Apar Industries planned to set up a conductors plant at Athola.

2014

  • Apar Industries set up a manufacturing unit at UAE free zone.

2015

  • Apar Industries set up a transformer oil manufacturing unit at Hamriyah Free Zone.

2016

  • Apar Industries terminated its MoU with RTA.

2022

  • APAR Industries Limited executed a Share Purchase Agreement with Clean Max Rudra Private Limited and Clean Max Enviro Energy Solutions Private Limited.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800