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Lerthai Finance Ltd
NSE: BSE: 502250
₹487
(4.98%)
Thu, 10 Sept 2026, 05:16 pm
Market Cap (in Cr)34.18
PE Ratio0
Dividend0
Company History
1979
- The company was incorporated on 2nd November at Mumbai
- The company entered into a technical collaboration agreement with Orissa Cement, Ltd.
1980
- 700 equity shares were subscribed for by the signatories to the Memorandum of Association
- 10,000 preference shares and 1,39,300 equity shares were reserved and allotted to promoters, directors, etc.
- 2,10,000 equity shares were offered at par to the public in August
1982
- The company undertook an expansion project for the manufacture of chemically bonded magnesite bricks
1990
- Preference shares were redeemed on 31st December
1996
- 35,00,000 Rights equity shares were issued in the proportion 1:1
2011
- The Registered Office of the Company was shifted to #41, Vittal Mallya Road, Bangalore
2012
- Marathwada Refractories appointed Mr. H. S. Girish Gupta as the Compliance Officer
2013
- Marathwada Refractories appointed Mr. S. Baaskaran as an additional director
2014
- Marathwada Refractories appointed Mr. T Rajagopala Rao as an additional director
2015
- Marathwada Refractories completed a new brochure
- HarbisonWalker International guests visited Marathwada Refractories
- Jidong Cement Group leadership visited Marathwada Refractories
2019
- The company name was changed to Lerthai Finance Ltd. from Marathwada Refractories Ltd.