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Mahindra EPC Irrigation Ltd.

BSE: 523754 Sector: Industrials
NSE: MAHEPC ISIN Code: INE215D01010
BSE 00:00 | 19 May 99.50 -1.40
(-1.39%)
OPEN

96.10

HIGH

100.40

LOW

96.10

NSE 00:00 | 19 May 99.25 -1.70
(-1.68%)
OPEN

99.00

HIGH

100.75

LOW

98.50

OPEN 96.10
PREVIOUS CLOSE 100.90
VOLUME 1629
52-Week high 178.00
52-Week low 85.00
P/E
Mkt Cap.(Rs cr) 278
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 96.10
CLOSE 100.90
VOLUME 1629
52-Week high 178.00
52-Week low 85.00
P/E
Mkt Cap.(Rs cr) 278
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Mahindra EPC Irrigation Ltd. (MAHEPC) - 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.

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