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GKW Ltd

NSE: GKWLIMITED BSE: 504704

₹1657.40

(0.66%)

Tue, 10 Mar 2026, 11:49 pm

Company History

1931

  • The company was incorporated as a Private Limited Company under the name Henry Williams India (1931) Ltd.

1934

  • The name of the company was changed to the present one.
  • Guest Keen and Nettlefolds Ltd. purchased a large interest in the company.

1956

  • The company was converted into a Public Limited Company.

1960

  • The company made a rights issue of 20 lakhs equity shares.
  • Sankey Electrical Stampings Ltd. became a subsidiary of the company.

1963

  • 2,14,583 shares were issued without payment in cash.
  • 21,07,291 bonus shares were issued in the proportion 1:2.

1973

  • 31,60,937 bonus shares were issued in the proportion 1:2.

1974

  • 2,50,000 right shares were issued to resident Indian shareholders.

1978

  • 48,66,406 bonus shares were issued in the proportion 1:2.

1981

  • The tenure of the 7.75% Debenture Stock 1976/81 was extended for 12 years with an enhanced rate of interest.

1982

  • The company offered 7,62,500 13.5% secured convertible debentures to the public.
  • The company extended the tenure of the 7.75% Debenture Stock 1976/81 for 12 years with an enhanced rate of interest.

1983

  • 58,83,331 shares were allotted to financial institutions on part conversion of their loans.
  • 50,60,849 bonus shares were issued in the proportion 1:3.
  • 22,87,500 shares were issued to the holders of 13.5% convertible debentures on part conversion.

1984

  • The company issued 15% non-convertible debentures for a total value of Rs 995 lakhs.

1985

  • A voluntary retirement scheme was offered to 545 workers of the Forgings Division.
  • 15,25,000 equity shares were issued at par in conversion of 13.5% debentures.

1989

  • The working of the electrical stampings division suffered a setback due to industrial disruption and a drop in demand.
  • The steel division did not perform satisfactorily due to technical and maintenance issues.

1991

  • The company's Currie Road unit at Howrah remained under lock-out.
  • Sankay Wheels Ltd. was merged with the company.
  • The company issued 19% secured redeemable non-convertible debentures.
  • The company changed its name from Guest Keen William Ltd. to GKW Ltd.

1994

  • The Sankey Electrical Stampings division of the Currie Road Unit was reopened.
  • The company set up a plant to produce cement in Rajasthan.
  • The company proposed to expand the production capacity of the metal pressing division.
  • The performance of the Steel Division was affected by a steep increase in electricity tariff.

1995

  • The company entered the power sector by installing two wind electrical generators in Tamil Nadu.
  • Powmex Steels Ltd. was amalgamated with the company.
  • A nut former machine was procured for the Bolt and Nut division.
  • 53,59,263 equity shares were allotted to shareholders of erstwhile Powmex Steels Ltd.

1996

  • The company proposed to set up a plant at Pune for the manufacture of metal pressed components and sub-assemblies for the automotive sector.
  • 53,60,229 equity shares were issued to shareholders of erstwhile Powmex Steels Ltd.

1997

  • All the divisions of the company were affected due to an industrial slowdown in the capital goods industry.
  • The company allotted zero coupon, unsecured, optionally convertible debentures to the promoter group.

2000

  • The company entered into a tripartite agreement with ABC Computers Pvt. Ltd. and NSDL to join the depository systems.
  • Mr. N.D. Auddy was appointed as a Director on the board.

2001

  • The lockout at the company's Bhandup Unit of Sankey Electrical and Stamping division was lifted.

2003

  • Mr. Mohan Lal Lahoti was appointed as an Additional Director.

2004

  • The company's shareholders approved the delisting of its equity shares from Calcutta and Mumbai Stock Exchanges.

2009

  • Mr. Padam Singh Lodha was appointed as a Director on the Board of Directors.

2014

  • Ms. Sucharita Basu De was appointed as Additional Director on the Board of Directors.

2015

  • The company executed a Memorandum of Understanding with Western India Forgings Private Ltd.
  • The company's stock rose on hopes of a land sale.

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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