MTAR Technologies Share price

The Company was incorporated as ‘MTAR Technologies Private Limited’ pursuant to a certificate of incorporation dated November 11 1999 issued by the erstwhile Registrar of Companies Andhra Pradesh at Hyderabad upon the conversion of ‘M/s Machine Tools Aids and Reconditioning’ a partnership firm into a private limited company in accordance with the provisions of Part IX of the Companies Act 1956. Thereafter our Company was converted into a public limited company pursuant to a special resolution passed in the extraordinary general meeting of our Shareholders held on October 20 2020 and the name of our Company was changed to ‘MTAR Technologies Limited’ and a fresh certificate of incorporation dated November 2 2020 was issued to our Company by the RoC.Major events and milestones of our Company1999 - Incorporation of our Company upon its conversion from a partnership firm to a private limited companyCommencement of manufacture of base shroud and fin assembly and pneumatic components for use in flight systems2003 - Manufacture of control and safety red drive mechanism and diverse safety rod drive mechanism for IGCAR2008 - Manufacture of grid plates for a 500 mega-watt prototype fast breeder reactor2012 - Manufacture of power units for Bloom Energy2018 - Commencement of defence exports by of our Company