KEW Industries Ltd. Company History and Annual Growth Details

KEW was originally formed as a proprietary concern in 1963 by Mr. Gurbachan
Juneja as the sole proprietor, under the name and style of 'Krishna Engineering
Works'. With effect from 1st April, 1995 the proprietory concern was converted
it into a partnership concern with six other partners namely, Sh. Parveen Khanna,
Sh.Rakesh Suri, Sh. Sumeet Juneja, Sh. Mukesh Juneja, Sh.Satish Ahuja,
Smt. Krishna Wanti . From 23rd September 1996 it was converted into a limited
Company under Chapter IX of the Companies Act, 1956 and became a Public l
imited Company under the name and style of 'KEW Industries Limited' as per
the deed of settlement given hereunder. Our Original Promoters were seven
partners of erstwhile partnership firm namely Shri Gurbachan Juneja, Parveen
Khanna, Rakesh Suri, Sumeet Juneja, Mukesh Juneja, Satish Ahuja, Smt
Krishnawanti . Shri Gurbachan Juneja is father of Shri Sumit Juneja and Shri
Mukesh Juneja. Smt Krishanwanti is wife of Shri Gurbachan Juneja. They held
the initial equity in new company in their partnership ratio. The first directors of
the Company were Mr Gurbachan Juneja, Shri Parveen Khanna and Shri Mukesh
Juneja. Shri Gurbachan Juneja resigned from Directorship on 15/06/2002.
Our present promoters are Mr Mukesh Juneja who is our Managing Director since
26th Nov 2003 and Mr. Parveen Khanna who is our Promoter Director.

Major Events

Year Event

1963 Commenced manufacturing of Diesel Engine parts and components
1972 Launch of Mono Block Pumps for agriculture and general applications
1980 KEWs engineering facilities got recognition from Ministry of Defence,
Government of India. The Company gets approval as a civil manufacturer
for supply of small bomb shells and other ammunition parts to ordinance
factories under Ministry of Defence, Government of India
1990 Diversification into manufacturing of tractor parts
1995 Conversion into a partnership concern
1996 Conversion into Public Limited Company. Commenced development work in
large size bombshell bodies
1998 Setting up of unit at Focal point Jalandhar
1999 Chosen as the first private supplier for manufacture and supply of 155 mm
bomb shells for Bofors Gun
2001 Expansion of automotive component manufacturing unit
2003 Becomes OEM supplier to TATA Motors Limited and Ashok Leyland Limited.
2004 Commences exports of automotive components

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article