SEL Manufacturing Company Share price

Our HistoryOur Company was incorporated on May 8 2000. It is a part of the R S Saluja Group of Companies set up by Mr. Ram Saran Saluja. The R S Saluja Group has been in existence for more than 35 years having facilities for manufacture of yarns fabrics garments in addition to our manufacturing facilities we also have in-house facilities for garment design and development among others. As of now the R S Saluja Group is mainly engaged in the activities of manufacture of yarns for domestic and export sale knitting & dyeing of fabric partially for domestic sale & rest for captive consumption and manufacture and export of ready made garments.Change of Status and Registered OfficeOur registered office was shifted from Rahon Road Opposite Octroi Post Ludhiana to 706 Industrial Area A Ludhiana E - 106 with effect from June 20 2001 by a resolution of our Board.We were initially incorporated under the name Saluja Exim Limited as a public limited company on May 8 2000 and received our certificate of commencement of business on June 2 2000. The name of our Company was changed to SEL Manufacturing Company Limited by a special resolution of the members passed at an extraordinary general meeting held on June 27 2003. The fresh certificate of incorporation consequent on change of name was granted to our Company on July 21 2003 by the Registrar of Companies Punjab Himachal Pradesh and Chandigarh at Jalandhar (RoC).The name of our Company again changed to Saluja Exim Limited by a special resolution of the members passed at an extraordinary general meeting held on November 10 2003. The fresh certificate of incorporation consequent on change of name was granted to our Company on November 14 2003 by the RoC. The name of our Company was once again changed to SEL Manufacturing Company Limited by a special resolution of the members passed at an extraordinary general meeting held on January 31 2004. The fresh certificate of incorporation consequent on change of name was granted to our Company on February 9 2004 by the RoC.The status of our Company was changed to a private limited company by a special resolution of the members passed at an extraordinary general meeting held on March 15 2004. The fresh certificate of incorporation consequent on change of name was granted to our Company on March 312004 by the RoC. The status of our Company was subsequently changed to a public limited company by a special resolution of the members passed at an extraordinary general meeting held on March 14 2006. The fresh certificate of incorporation consequent on change of name was granted to our Company on March 16 2006 by the RoC.Major events2000 Incorporation of our Company on May 8 2000 under the name of ?Saluja Exim Limited? Change of name to ?SEL Manufacturing Company Limited? w.e.f. July 21 2003 2003 Change of name to ?Saluja Exim Limited? w.e.f. November 14 20032004 Change of name to ?SEL Manufacturing Company Limited? w.e.f. February 9 20042004 Conversion of our Company from ?public company? to ?private company? w.e.f. March 3120042005 Our Company became a partner in M/s S E Exports w.e.f April 1 20052005 Insertion of following clause to our main objects w.e.f November 12 2005: to carry on business of manufacturing and processing of and dealers in all kinds of yarns hosiery goods readymade garments carpets duries mats rugs blankets and other similar articles 2006 Amalgamation of SPPL & SFL with our Company w.e.f April 1 2004 vide court order dated February 23 20062006 Conversion of our Company from ?private company? to ?public company? w.e.f March 16 20062006 Acquisition of 100% EOU spinning unit of Saluja Cotex Private Limited w.e.f June 1 20062006 Acquisition of assets & property of Mangla Cotex Limited through bidding process from official liquidator vide order dated March 23 2006 passed by the Hon?ble High Court of Punjab & Haryana at Chandigarh