KRN HEAT EXCHANGE N REF L Share price

Our Company was incorporated in Bhiwadi Alwar as “KRN HEAT EXCHANGER AND REFRIGERATION PRIVATE LIMITED a private limited company under the Companies Act 2013 pursuant to a certificate of incorporation dated August 25 2017 issued by Central Registration Centre Manesar. Thereafter our Company was converted from a private limited company to a public limited company pursuant to a resolution passed in the extraordinary general meeting of our Shareholders held on March 17 2023 and consequently the name of our Company was changed to “KRN Heat Exchanger and Refrigeration Limited” by deletion of the word ‘Private’. A fresh certificate of incorporation consequent upon conversion from private company to public company dated April 03 2023 was issued by the Registrar of Companies Jaipur Rajasthan to our Company bearing Corporate Identification Number “U29309RJ2017PLC058905”.MAJOR EVENTS AND MILESTONES:2017-Incorporation of our Company as a Private Limited company -Company has established its Plant in October 20172018-Manufacturing started from June 2018 by installation of machinery2019-Company started to export its products2020-Company expanded its plant area to 7800 Sq. Mt. by acquiring plot no. 46 and 47-Company established Helium Leak testing machine NCT Punching for sheet metal parts-Company established a dedicated facility equipped with EOT cranes to manufacture larger heat exchangers2021-New lines added featuring 5mm tube diameter2022-New lines added 25X21.65 mm in 9.52mm 30.00 X26.0 mm in 12.7mm-New lines added featuring a 5/8” diameter tube specifically designed to cater Air Handling Unit (AHU) and industrial application business-Acquired CE certification to meet rigorous safety regulations for the European market-Established our internal Brazing school a dedicated initiative to enhance the skills of our brazing staff-Appointed a dedicated sales representative in Europe.2023-Conversion of our Company from a private limited company to a public limited company and change of name of our Company from “KRN Heat Exchanger and Refrigeration Private Limited” to “KRN Heat Exchanger and Refrigeration Limited”.