Cords Cable Industries Limited (CCIL) was incorporated on October 21, 1991 as 'Cords Cable Industries Private Limited' by a group of three professionals, Mr. Naveen Sawhney, Mr. D.K. Prashar and Mr. Rakesh Malhotra, to cater to the growing requirement for high quality customised cables. One of the main objects was to acquire and take over as a going concern the partnership business carried on under the name and style of 'Cords Cable Industries'. The Company became a deemed public limited company w.e.f July 1, 1997 and restored its status of private limited company again w.e.f February 6, 2003. The Company got converted into a public limited company.
CCIL is a specialised Control & Instrumentation cable company offering wide range of cable products to multiple industries. It designs, develops and manufactures a varied range of Instrumentation, Control, Power, Thermocouple Extension / Compensating, Power and Communication Cables. The company's state of the art manufacturing plants are located at Alwar district in Rajasthan. CORDS is in the business of providing cost-effective and quality solutions for various electrical and signal connectivity requirements.
The company has started its operations by manufacturing co-axial cables and instrumentation cables at Okhla Industrial Area, New Delhi. Thereafter, the company has took over the business of the partnership concern 'M/s Cords Cable Industries' as a going concern along with all assets and liabilities with effect from Ma ...y 1, 1992. M/s Cords Cable Industries was established on October 23, 1987 to manufacture and trade cables. Mrs. Santosh Malhotra, Mr. Chanan Lal Sawhney, Mr. B.D. Prashar, Mr. A.M. Sanghvi, Mr. Vimal Dev Monga jointly formed the firm.
To keep up the growth momentum, the company added control cables and customized instrumentation cables to product portfolio. In line with the vision to go up the value chain and to increase production capacity, the company has set up a state of the art manufacturing facility at Chopanki, Dist. Alwar, Rajasthan in 2003-04 of approx 45,000 sq.ft. covered area. In November 2006, the company has increased the capacities for existing products and expanded the factory from 45,000 sq. ft. covered area to 92,000 sq. ft covered area. The Company commissioned its new ultra-modern cable manufacturing facility at Kaharani, in Rajasthan in 2010-11.
At present, the company is focusing on LT cables, control & instrumentation cables and specialty cables. In the proposed expansion project, the company has planned to add HT cables and Rubber cables to the existing product portfolio. The company has catered to a majority of core industries such as power, cement, chemicals, petrochemicals, steel etc. The company clientele includes blue chip companies like BHEL, L&T, NTPC, Reliance Energy Ltd. and others.
FAQs on Cords Cable Industries Ltd
1. Can I buy Cords Cable Industries Ltd from PL Capital? ›
Yes, you can invest in Cords Cable Industries Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Cords Cable Industries Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Cords Cable Industries Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Cords Cable Industries Ltd pay dividends? ›
Yes, Cords Cable Industries Ltd has a consistent history of rewarding its shareholders through dividend payouts. Dividend frequency and amounts vary depending on the company’s financial performance and board approvals. Investors holding Cords Cable Industries Ltd shares on the record date announced by the company are eligible to receive dividends directly into their bank accounts linked with their Demat holdings.
3. What is the current share price of Cords Cable Industries Ltd ? ›
As of
01-Jan-1980 , 00:00:00 the share price for Cords Cable Industries Ltd. is ₹ 171.07 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Cords Cable Industries Ltd ? ›
The 52-week high and low of Cords Cable Industries Ltd share price is ₹ - ₹ as of
01-Jan-1980 , 00:00:00 .
