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Ecoboard Industries Ltd.

BSE: 523732 Sector: Engineering
NSE: WESTERNBIO ISIN Code: INE866A01016
BSE 00:00 | 23 Jan 2.40 0
(0.00%)
OPEN

2.28

HIGH

2.40

LOW

2.28

NSE 05:30 | 01 Jan Ecoboard Industries Ltd
OPEN 2.28
PREVIOUS CLOSE 2.40
VOLUME 794
52-Week high 6.28
52-Week low 2.27
P/E
Mkt Cap.(Rs cr) 4
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 2.28
CLOSE 2.40
VOLUME 794
52-Week high 6.28
52-Week low 2.27
P/E
Mkt Cap.(Rs cr) 4
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Ecoboard Industries Ltd. (WESTERNBIO) - Company History

Incorporated in Nov.'91, Western Bio Systems (WBSL) received a certificate for commencement of business in Dec.'91. WBSL is engaged in the erection of anaerobic waste-water treatment plants and continuous fermentation and distillation plants. The promoters of the company, A V Patil, V S Raju and A B Narula, were already manufacturing waste water treatment plants through a partnership firm called Chemical Consultants & Engineers (CCE). It had erected and commissioned 20 bio-gas plants for major distilleries in India and had also exported technology to Todward, London. Upon formation of WBSL, the technical know-how from Sulzer has been sub-licensed to the WBSL. Since then, 14 plants have been erected and commissioned by the company. WBSL completed a project to manufacture 24,000 pre-laminated particle boards using agro-based raw materials, which was financed by a public issue in Oct.'94. Company carry out the scheme of merger of Deccan Fibre Boards Limited with Western Bio Systems Limited, to give new identity company decided to adopt new name "ECOBOARD Industries Limited". Company's new plant at Velapur started its commercial production in July 1999. With the commissioning of new plant, company will become the largest producer of particle boards in the country. The Company increases its installed capacity to produce Ecoboard from 15 lacs Sqm. per annum to 51 lacs Sq. per annum. This plant provides boards of various sizes to meet a variety of market segments.