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K&R Rail Engineering Ltd
NSE: BSE: 514360
₹21.90
(0.05%)
Mon, 14 Sept 2026, 10:35 pm
Market Cap (in Cr)83.35
PE Ratio0
Dividend0
Company History
1977
- M/s. Gupta Carpets International started export of hand made carpets and druggets as a partnership firm.
1983
- The company was incorporated as a Private Limited company on 30.8.83.
- The company took over the running business of M/s. Gupta Carpets International.
- The company acquired assets and liabilities of M/s. Gupta Carpets International at book value for a net consideration of Rs.33.42 lacs.
1993
- The company was converted into Public Limited w.e.f. 7.7.93.
1994
- The company made its maiden public issue of 25,00,000 equity shares of Rs. 10/-each for cash at par aggregating to Rs.250 lacs.
- The company installed 300 additional looms at Amritsar and Agra in April.
- The company's shares were listed at Delhi, Bombay and Ludhiana Stock Exchanges.
1995
- The company started trading and export of Readymade Garments and Hoisery.
1996
- The company diversified its activities by starting trading and export of Readymade Garments and Hoisery.
- The company made payment of advance of Rs.12.81 lacs towards imported plant and machinery.
- The company made expenditure of Rs.21.36 lacs on construction of building.
- The company raised share application money of Rs.62.80 lacs from the promoters.
2012
- The company changed its name from Gupta Carpets International Ltd. to Axis Rail India Ltd.
2018
- The company changed its name from Axis Rail India Ltd. to K&R Rail Engineering Ltd.
2023
- The company signed the MOU with Muktinath Darshan Private Ltd. for execution of the Cable Car Project in Gandaki province of Nepal valued at 500 million US Dollar.