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TRF Ltd

NSE: TRF BSE: 505854

₹233.80

(1.16%)

Wed, 24 Jun 2026, 05:47 pm

Company History

1962

  • The company was incorporated on 20th November at Jamshedpur
  • The company was promoted by Tata Iron & Steel Co Ltd and Associated Cement Companies Ltd in financial and technical collaboration with Hewitt-Robins Inc and General Electric Co Ltd

1973

  • 5,000 shares were issued to ICICI upon conversion of a loan

1976

  • 16,250 bonus shares were issued in the proportion 1:3

1978

  • Shares were subdivided and 5,07,500 shares were issued at a premium

1985

  • 6,90,000 equity shares were issued at par in part conversion of bonds

1987

  • The company obtained foreign technical know-how for the manufacture of extensible belt conveyors in collaboration with Kurimoto of Japan
  • 11,11,672 equity shares were allotted in part conversion of debentures

1988

  • A substantial portion of the company's business comprised execution of turn-key contracts
  • The company took up the manufacture of stamping charging pushing machines and charging gas cleaning cars for Tata Steel

1989

  • A repeat order was received from Tata Steel for a stamping charging pushing machine
  • A portion of debentures was compulsorily converted into equity shares
  • The non-convertible portion of debentures would be redeemed at par after 7 years

1994

  • The first phase of the steel service centre was implemented as part of the company's diversification plans
  • 15,60,108 shares were allotted on a rights basis

1995

  • The company was awarded ISO 9001 certification
  • The company made a rights issue of equity shares

1996

  • The expansion plans for the composite steel service centre at Bara made satisfactory progress
  • Tata-Ryerson Ltd was formed to provide value-added steel service centre facilities

1997

  • The company sold its steel service centre assets to Tata-Ryerson Ltd for a consideration of Rs 14 crores
  • The company signed an MOU with M/s. Tip-Top Saar GmbH, Germany for acquiring state-of-the-art knowhow for conveyor belt reconditioning plant
  • 53 shares were issued whose title was in dispute

1998

  • The company successfully commissioned projects for Tata Steel, SAIL, and coal handling plants for Rajasthan and Andhra Pradesh

1999

  • The amalgamation of M/s. Tata Material Handling Systems Ltd. and Tata Technodyne Ltd. with the Company was approved

2007

  • Mr. Sudhir L Deoras was appointed as an Additional Director of the Company

2009

  • TRF Ltd gave a bonus in the ratio of 1:1

2010

  • Mr. Sudhir Deoras was re-appointed as Managing Director of the Company for a period of three years

2011

  • TRF Ladies Association collected 405 units of blood through donation camps
  • TRF acquired UK-based Hewitt Robins International Ltd
  • TRF augmented its works manufacturing facilities and installed automatic CNC cutting machines
  • TRF paid a 20% bonus

2012

  • TRF and Schade, Germany joined forces to offer higher capacity yard equipment in India
  • TRF acquired the balance stake in York Transport Equipment (Asia), Singapore
  • TRF Ladies Association distributed solar lanterns to students

2013

  • TRF launched multiple campaigns on the occasion of World Environment Day
  • An award ceremony was held at TRF for long services, suggestion box, and national workskills competition

2014

  • TRF launched a new vision to emerge as a technological leader
  • TRF bagged a Rs 353.67 crore order from BHEL for NMDC's Nagarnar Plant
  • TRF bagged a Rs 76.00 crore order from Bhushan Power and Steel Limited
  • Mr. Sabyasachi Hajara was appointed as an Independent Additional Director of the Company

2015

  • The company successfully commissioned a wagon tippler supplied and commissioned by M/S TRF Limited for CHP Stage-IV Package
  • TRF won the Corporate Garden of the Year Award for the second time in a row

2016

  • The company promoted eco-friendly and safer material handling equipment by demonstrating capability to design and manufacture product powered by solar energy and monitored from distance.

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