Jainam Ferro Alloys (I) Share price

The Company was originally incorporated as “Jainam Infraways Private Limited” on March 06 2014 vide RegistrationCertificate No. 001311 under the provisions of the Companies Act 1956 with the Registrar of Companies Chhattisgarh.Further the Company was converted into a Public Limited Company pursuant to Shareholders Resolution passed at the Extra Ordinary General Meeting of the Company held on June 26 2018 and consequently the name of the Company was changed from “Jainam Infraways Private Limited” to “Jainam Infraways Limited” vide a fresh Certificate of Incorporation dated July 10 2018 having CIN U45400CT2014PLC001311 issued by the Registrar of Companies Chhattisgarh. Subsequently pursuant to shareholder’s resolution passed at the Extra Ordinary General Meeting held on August 08 2018 the name of the company was changed from “Jainam Infraways Limited” to “Jainam Ferro Alloys (I) Limited” vide a fresh certificate of incorporation dated August 29 2018 having CIN U27100CT2014PLC001311 issue by Registrar of Companies Chhattisgarh. Mr. Archit Parakh and Mr. Arpit Parakh were the initial subscribers to the Memorandum of Association of the Company.Key Events and Milestones:2014- Incorporation of the Company in the name of “Jainam Infraways Private Limited”2016- Takeover of the ferro alloy plant of M/s Raghuvir Ferro Alloys Private Limited vide Sale deed dated June 21 2016.- Started manufacturing of Ferro alloys with one furnace having 5000 KVA power load.2017- Started another furnace with 4000 KVA power load.2018- Sales turnover reached Rs. 100 Cr.- Conversion of the Company from Private Limited to Public Limited Company- Change in the name of Company from Jainam Infraways Limited to Jainam Ferro Alloys (I) Limited