Jain Marmo Industries Share price

The company was incorporated under the Companies Act 1956on 13.8.1981 as a Private Limited Company under the nameand style "OSWAL GRANITES PRIVATE LIMITED". The name ofthe company was changed on 27/3/1995 as ''JAIN MARMOINDUSTRIES PVT. LTD.'' and subsequently converted as PublicLimited Company in the name and style as ''JAIN MARMOINDUSTRIES LTD.'' vide special resolution passed on 15thSeptember 1995. It obtained fresh certificate ofincorporation dated 27th Sept 1995. The Company has beenpromoted by the Oswal family of Makrana (Borawar) Distt.Nagaur (Rajasthan). The company setup first imported wellintegrated granite processing unit in the State ofRajasthan in the year of 1986.The plant was imported from Carat Mayer Germany. Plantcomprises multi blade granite gansaw multi had linepolisher edge polishing machine and multi disc crosscutter. Company was earlier engaged in processing ofGranite slabs and mining and trading of Marble blocks atMakrana.Now the company is implementing the project for processingof marble slabs and mining activities at Village SukherTehsil Girwa Dist Udaipur (Rajasthan). The company ishaving Udaipur Green Marble Mine situated at villageDuchki Distt. Dungarpur (Rajasthan).There were no labour problems/closure/delays in the pasthistory of the Company.Company in the past has never defaulted in meeting out itsliabilities towards bank/Institutions etc.MAIN OBJECT OF THE COMPANY :The main objects of the company as per Memorandum ofAssociation are as under :-To produce quarry mine excavate cut hew curve drawcrush saw finish polish set glaze grind processwash screen acids wax manufacture treat alterimprove extract from mines refine import exportpurchase sell deal and to act as brokers agentsstockists distributors and suppliers of all kinds ofminerals including all kinds of marbles graniteslaterites lime stones soap stones felspar corundumquartz slate-stones sand stones silica stones buildingstones and all other kinds of stones.SUBSIDIARIES OF THE COMPANY:The company has no subsidiaries.