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India Radiators Ltd logo

India Radiators Ltd

NSE: BSE: 505100

₹14.40

(4.96%)

Mon, 16 Mar 2026, 08:14 pm

Company History

1955

  • India Radiators Limited was incorporated

1985

  • The Sick Companies (Special Provisions) Act was enacted

1997

  • The Company made profits

1998

  • The Company started incurring losses

1999

  • The net worth of the Company became negative

2000

  • The Company was declared Sick by BIFR as per section 3(1) (o) of the Sick Companies Act

2003

  • BIFR issued orders for winding up of the Company based on IDBI recommendations

2005

  • AAIFR set aside BIFR orders for winding up of the Company and directed to continue proceedings before BIFR with a Revised Revival scheme

2009

  • The Company designated an Email ID for registering Complaints by Investors

2015

  • The Company filed a revised Draft Rehabilitation Scheme which is pending approval of BIFR

2024

  • The Company has entered into a Share Purchase agreement with Mercantile Ventures 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