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Cosmo Ferrites Ltd

NSE: BSE: 523100

₹114.05

(-2.73%)

Wed, 04 Mar 2026, 02:36 am

Company History

1985

  • The Company was incorporated as 'Himachal Electronics Ltd.' on 24th July at Himachal Pradesh.
  • The Company set up a project for the manufacture of 500 TPA of soft ferrites in technical collaboration with Elektro-Consult, Berlin and Kombinat VEB Keramische Werke, Hermsdorf.

1986

  • The name of the Company was changed to its present name on 26th August.

1987

  • The Company offered 27,58,400 equity shares for cash at par.
  • All shares offered were accepted.

1992

  • 37,60,000 shares were allotted to a financial institution on conversion of loan.

1993

  • 6,00,000 shares were allotted on conversion of loan to a financial institution.
  • 2,500 shares were forfeited.

1994

  • Margins came under pressure due to reduction in import duties and inflationary increase in overheads.
  • 9,00,000 shares were allotted to promoters and associates on a private placement basis.
  • The forfeiture on 2,500 shares was annulled.

1995

  • The Company expanded its manufacturing capacity by setting up a new unit at Jabli, Himachal Pradesh.
  • Margins came under pressure due to reduction in import duties and increase in overheads and international prices of raw materials.

2003

  • The members approved the delisting of shares from Delhi, Ludhiana, and Calcutta Stock Exchanges.

2007

  • The Company appointed Mr. B B Tandon as Additional Director.

2009

  • The Company appointed Mr. Hemant Laxman Paranjpe as Additional Director (Independent).

2010

  • The Company shifted its corporate office from Saket, New Delhi to Jasola District Centre, New Delhi.

2011

  • The Company appointed Mr. Sanjay Kumar Ojha as Company Secretary and Compliance Officer.

2014

  • The Company appointed Ms. Jyoti Dixit as Additional Director.

2017

  • The Company began production of LED lamps and lighting effects at Noida, Uttar Pradesh.

2018

  • The Company approved a plan to expand the capacity of its ferrites manufacturing facility from 2400 MT to 3600 MT per annum.

2021

  • The Company expanded the capacity of its ferrites manufacturing facility in Himachal Pradesh.

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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