National Standard (India) Ltd
NSE: BSE: 504882
₹1366.15
(-1.72%)
Sun, 08 Mar 2026, 03:39 pm
Market Cap27.32B
PE Ratio225.91
Dividend0
Company History
1962
- National-Standard Duncan Ltd. was incorporated on 20th August at Calcutta as a joint venture between National-Standard Co., USA and Duncan Brothers & Co. Ltd., India.
- The company's main objective is to manufacture beadwire for tyres and other specialized wires.
1964
- 8 shares were subscribed for by the signatories to the memorandum of association.
- 49,492 shares were issued at par.
- 25,000 shares were reserved and allotted to National Standard Co. USA.
- 12,742 shares were taken up by Duncan Brothers & Co. Ltd.
- 12,250 shares were offered to the public.
1974
- 25,000 rights equity shares were issued at par in the proportion 1:2.
1977
- 25,000 bonus shares were issued in the proportion 1:3.
1981
- The company received an industrial licence to manufacture steel tyre cord.
1982
- The company received approval from the government for a new plant for beadwire and another for manufacture of rubber machinery.
1983
- The company received DGTD registration for the manufacture of hydraulic tyre curing presses and tyre building machinery.
1985
- The company issued 50,000 secured redeemable non-convertible debentures of Rs. 100 each.
1987
- The company increased selling prices of its products to offset the rise in production costs.
- CNC machines and machine tools were installed in the machinery divisions.
- Assembly of fully automated tyre-bead making machinery systems commenced.
- Construction of the new wire plant at Doddaballapura commenced.
1988
- The company commissioned the second wire plant at Doddaballapura.
- The machinery division assembled a state-of-the-art fully automated tyre-based making machinery system.
1989
- The company maintained profitability levels due to continual upgrading of manufacturing facilities.
1990
- A CNC machine was installed at Hosakote to facilitate manufacture of steel engraved tyre moulds.
- The machinery division plant at Thane added tyre building drums to its existing range of products.
- 5,00,000 shares were allotted on rights basis.
1992
- The company received approvals for technical collaboration for manufacture of hydraulic tyre curing presses and other products.
- The company established in-house manufacturing facilities for production of tyre building drums at its machinery plant in Thane.
- The Doddaballapura wire plant capacity was enhanced by installation of an additional wire drawing machine.
1993
- The machinery division widened its range of manufacture to include wire drawing machinery and single strand tyre bead making machinery systems.
- The wire division established a new wire plant at Baddi.
1995
- The machinery division produced and commissioned state-of-the-art wire drawing machines for the Baddi plant.
- 9,55,092 shares were allotted on rights basis.
1996
- The machinery division started exporting shipping machinery systems and special purpose equipments to tyre companies.
2007
- The company changed its name from National Standard Duncan Ltd to National Standard (India) Ltd.
2011
- The company shifted its registered office from an unspecified location to Commerce House, Kolkata.
2015
- The company shifted its registered office from Worli, Mumbai to Fort, Mumbai.
2017
- The company took on record the delisting proposal received from the acquirer.
- Fedex Securities Limited was appointed as Category 1 Merchant Banker to issue a due diligence certificate.
- The company determined the floor price in accordance with SEBI regulations.
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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