Rolcon Engineering Company Ltd. Company History and Annual Growth Details

The Company was incorporated on 17th March, 1967 in Gujarat. It manufactures and sells all kinds of chains and components and other allied products.

The Company entered into a technical and financial collaboration agreement with Kohter & Bovenkamp of West Germany who agreed to supply the latest technical know how designs and manufacturing process.

During 1987, the company entered into a technical collaboration agreement with a leading chain manufacturer Takasago Chain Co Ltd, Tokyo, Japan.

Commercial production of two wheeler chains commenced in November / December 1988. The 100% export oriented unit of the company was closed down on completion of 10 years period as stipulated by Governments.

With the change in the Government policy, it was decided to shift the plant from KAFTZ to Vallabh Vidyanagar.Â

Â 2003

-Board declares dividend of 30%.

2007

-E-mail ID for Investor Complaints :rolcon@rolconengineering.comÂ

Â 2008

-Board has recommended a dividend of Rs 4.00 (40%) on equity share of Rs 10.00 each.Â

Â 2009

-Board has recommended a dividend of Rs 4.00 (40%) on equity share of Rs 10.00 each.

2010

-Board has recommended a dividend of Rs 4.00 (40%) on equity share of Rs 10.00 each.

2011

-Board has recommended a dividend of Rs 3.00 (30%) on equity share of Rs 10.00 each.

Â 2012

-Board has recommended dividend of Rs. 3.00 per Equity Share of Rs. 10.00 each

2013

-Board has recommended dividend of Rs. 3.00 per Equity Share of Rs. 10.00 each.Â

Â 2014

-Board has recommended a dividend of Rs. 1.50 per share of face value of Rs. 10/- each for the year 2014.

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