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Modern Malleables Ltd.

BSE: 517336 Sector: Infrastructure
NSE: MODERNMAL ISIN Code: INE834C01028
BSE LIVE 05:30 | 01 Jan Stock Is Not Traded.
NSE 05:30 | 01 Jan Stock Is Not Traded.
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Modern Malleables Ltd. (MODERNMAL) - Company History

Modern Malleables (MML) began as a partnership firm in 1956 called Modern Malleable Casting Works serving the needs of electrical utilities and the Railways for cast, forged and machinery items. MML turned into a limited company in 1989. It manufactures power line products for EHV transmission and distribution line hardware, ACSR/AAC conductor accessories and fittings, conductor spacers, dampers and spacer-dampers. The Calcutta-based company Modern Malleables (MML), signed an memorandum of understanding with Deutsche Aerospace, Germany (a subsidiary of Daimler- Benz) for setting up a solar power plant in Maharashtra. The forthcoming project will cater to the needs and requirements of various projects on solar lanterns, solar pumps, tele-communications, railway signalling, traffic signals, grid-interactive panels and systems for defence applications. An another collaboration with Angelo Marinelli, Italy for state-of-art technology for turnkey construction of overhead electrical transmission lines and latest computer aided cost effective tower designs. It has ventured into turnkey construction of overhead power lines, and bagged a contract of 260 km long turnkey transmission line construction from Nepal Electricity Authority, Kathmandu. It also plans to enter into the production of optic fibre & cables. MML's R&D wing is recognised by the Department of Scientific & Industrial research, Ministry of Science & Technology, Government of India. Its Damper analysis R&D has been certified by IIT, Mumbai, as one of the best facilities in the world. The company's products are exported to middle-east Asia, Europe, Africa, the US, Bangladesh, Phillippiness, etc. It is also a recognised Export House by the Government of India. During 1995-96, the company is now expecting further contract for construction of 400 Kv Double Circuit Transmission Line against bids made by your company, the order is to be likely received by October'1996. The company has also been accredited with ISO 9002 Certification in this feild of activity. In 1995-96, the company has earned foreign exchange worth Rs. 69.36 cr.