Elegant Marbles & Grani Industries Ltd. Company History and Annual Growth Details

YEAR EVENTS
1984 - The Company was incorporated under the name and style of "Elegant
Marbles Private Limited" on 5th November.

- The Company was promoted by Mr. Rajesh Agrawal & Mr. Rakesh
Agrawal to set up a plant to manufacture Polished Marble Tiles
with an installed capacity of 33,000 sq.mtrs per annum. the
project was implemented in a period of six months and commenced
production in August 1985.

1987 - With a view to broad base its product range and take advantage of
growing market the Company diversified into manufacture of Marble
Slabs by setting up production facilities with an installed
capacity to manufacture 47,000 sq. mtrs of Marble Slabs per
annum.

1989 - The Company started trading in Granite Tiles & Slabs and executed
export orders to USA, Europe, Middle East and Singapore.

- Keeping in mind the growing demand for Indian Granie both in the
Domestic and Foreign markets and the thrust given by Government
of India for development of Granite Industry, the Company set up
production facilities to manufacture 16,100 sq. mts of Granite
Slabs per annum at its existing site at Abu Road.

1994 - The Company is one of the few plants in the country where
integrated production facilities for Marble Tiles, Marble Slabs
and Granite Slabs are available under one roof.

- The name of the Company was changed to Elegant Marbles and Grani
Industries Pvt Ltd on 8th June, and was converted into a Public
Limited Company on 11th July, and acquired its present name.

1995 - The Company also inaugurated a new retail outlet in the heart of
Bombay's marble market situated near the Airport on Western
Express Highway.

- The Company is also planning in the current year to set up
representative offices all over India for effective marketing of
its products.

- The Company has been awarded the much coveted GOVERNMENT
RECOGNISED EXPORT HOUSE STATUS which is a matter of great
prestige for the Company.

1998 - The company has purchased a large showroom cum corporate office
adjacent to its existing office at Lower Parel, Mumabi.

2012

- The Company has recommended a Dividend of 20%

2013
-Elegant Marbles & Grani Industries Ltd has recommended Dividend on Equity Shares @ 20% i.e. Rs. 2/- per Equity Share.

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