D&H INDIA Share price

D & H WELDING ELECTRODES (INDIA) LTD. was incorporated asprivate limited company on 30th March 1985 in the State ofMaharashtra for the purpose of manufacturing weldingelectrodes speciality electrodes submerged Arcfluxes Copper coated and Co2 wire. The Company gotconverted into a public limited company by passing aSpecial Resolution on 24th August 1993 and obtained afresh certificate on 17th September 1993. There was noactivity since incorporation till September 1991 and theCompany was lying dormant.The implementation of Project was taken up duringOctober1991 with acquisition of land.The First line of electrodes manufacturing(Ist Phase)having capacity of 1100 TPA commenced productionw.e.f.04-03-1992. The Company manufactures a wide range ofwelding electrodes like MS Low Hydrogen Crome Alloys LowHeat and Hard facing electrodes and is presently operatingthrough its depots located at Madras Chandigarh Bombayand Kanpur and also through a network of dealers/distributors. The products have been well received in themarket. The Company has made a net profit in the very 1styear of commercial production and has attained a turnoverof Rs.87.73 lacs for the first completed year and has alsobeen able to declare Dividend @ 12% . The company nowproposes to install facilities for manufacturing the aboveproducts as well as speciality welding electrodessubmerged Arc Fluxes copper coated and C02 wires at a fullcapacity of 4400 TPA.MAIN OBJECTS1 . To carry on business of manufacturers dealersimporters exporters agents and suppliers of all kinds ofwelding electrodes welding wires welding cartridges andwelding apparatus for manual semi- automatic andautomatic welding including welding transformers weldingrectifiers stud welding guns and all parts and accessoriesrelating thereto and generally of all articles materialsinstruments and things required for or capable of beingused for or in connection with the application of weldingsystem for any purposes whatsoever and to carry on also thebusiness of welding and general engineers and generalmerchants and contractors.2. To buy sell process improve alter exchange obtainor let on hire import export and deal in all kinds ofmetallic alloys fluxes iron steel ingots billets rodswires and all other types of wires ferrous and non-ferrousmetal all other materials and articles employed in orrequired for the manufacture storage distributionpurchase and sale of welding electrodes or connected in anyform or manner with all or any industries trade orbusiness of this company.