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Mahindra EPC Irrigation Ltd.

BSE: 523754 Sector: Industrials
NSE: N.A. ISIN Code: INE215D01010
BSE 00:00 | 20 Sep 88.95 0.50
(0.57%)
OPEN

88.00

HIGH

91.50

LOW

88.00

NSE 05:30 | 01 Jan Mahindra EPC Irrigation Ltd
OPEN 88.00
PREVIOUS CLOSE 88.45
VOLUME 64274
52-Week high 125.65
52-Week low 82.00
P/E 20.59
Mkt Cap.(Rs cr) 250
Buy Price 88.95
Buy Qty 4523.00
Sell Price 89.45
Sell Qty 225.00
OPEN 88.00
CLOSE 88.45
VOLUME 64274
52-Week high 125.65
52-Week low 82.00
P/E 20.59
Mkt Cap.(Rs cr) 250
Buy Price 88.95
Buy Qty 4523.00
Sell Price 89.45
Sell Qty 225.00

Mahindra EPC Irrigation Ltd. (MAHINDRAEPC) - Company History

EPC Industrie Ltd., incorporated in Nov.'81 as Exomet Plastics and Chemicals Pvt Ltd, the company was renamed EPC Irrigation (EPCIL) on conversion into a public limited company in Mar.'92. EPCIL is a 100% subsidiary of Trenton Investments Company Pvt Ltd, which is wholly-owned by the family members of K L Khanna, Chairman of EPCIL. The company produces drips and sprinkler irrigation systems which, when combined together are known as micro-irrigation systems. The manufacturing facilities are located at MIDC, Ambad, Nashik. EPCIL has a technical collaboration with Richfield Springs, UK, which is also a promoter with a shareholding of 2.85 lac equity shares. The company's expansion and diversification projects to double its installed capacity for drip / sprinkler irrigation systems and to produce PE pipes and fittings for distribution of gas and industrial applications, was completed and commissioned. In 1998-99, the Company received ISO 9002 Certification from DNV B.V., Netherlands for "Manufacture and Supply of Plastic Pipes, Fittings and Components for Irrigation, Infrastructure and Industrial Applications". EPCIL is amongst the first five companies in the world and the only one in Asia to have BG Technology Phase II Certification from British Gas International for the pipes produced by it for gas distribution. The company was declared as a Sick company by BIFR and SBI was appointed as Operating Agency to conduct the Techno and Economic Viability Study(TEVS) and to prepare the revival scheme. The Debt Restructure Scheme is approved by LIC Mutual Fund and Banks.