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Nihon Nirmaan Ltd.

BSE: 500453 Sector: Industrials
BSE 05:30 | 01 Jan Nihon Nirmaan Ltd
NSE 05:30 | 01 Jan Nihon Nirmaan Ltd

Nihon Nirmaan Ltd. (NIHONIRMAN) - Company History

Promoted by J P Bhalotia and his associates with equity participation from the Rajasthan State Industrial Development & Investment Corporation and the Rajasthan State Mineral Development Corporation Nihon Nirmaan was incorporated on 9 Oct.'84 in Rajasthan as Nirman Cement. Following a financial and technical collaboration agreement with Nihon Cement Japan it got its present name in 1987.It manufactures white (rapidly hardening) cement at its plant at Gotan Rajasthan (inst. cap. : 80000 tpa) for which it has entered into a marketing agreement with ACC. The company could not operate its kiln from Nov.'93. Due to accumulated losses its net worth was affected and the company was declared sick. From 5 Mar.'94 all its operations were suspended.