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Tatanagar Bricks Ltd.

BSE: 526542 Sector: Consumer
NSE: N.A. ISIN Code: N.A.
BSE 05:30 | 01 Jan Tatanagar Bricks Ltd
NSE 05:30 | 01 Jan Tatanagar Bricks Ltd

Tatanagar Bricks Ltd. (TATANAGARBRICKS) - Company History

Tatanagar Bricks Limited was incorporated as a Public Limited on 16th June 1993 under the Act and received the certificate of commencement of business on 14th July 1993. The main object of the Company is to manufacture and deal in various kinds of bricks and tiles like Mechanised Bricks Flyash Bricks Calcium Silicate Bricks and other building materials and also carry on allied activities relating to promotion installation and development of brick fields and brick plants.The Coal fired thermal power sations in th country generate massive volumes of Flyash which is toxic in nature and hazardous in many ways. By employing a fully engineered environmentally safe and cost effective technology this pollutant can be converted into good quality building material and high abrasive resistant ceramic tiles for industrial application. The utilisation of flyash in productive ventures in India varies between 2% and 3% only whereas the world figure ranges between 60% and 90%. Efforts are on from various quarters to increase the use of flyash.The promoters of the Company formed a Consultancy Group in 1991 in the name of Earth Friend Group which has been working in the field of arranging residues to resources. Tatanagar Bricks Ltd.was conceived by the Earth Friend Group with a view to utilise such a hazardous waste and convert it into a useful product. On implementation of the project the Company would fulfill the following social objectives.In 1995-96 land acquisition and civil construction of the entire plant is over 90% machineries of the Glazed Tile Plant has been received Production in the Glazed tiles plant will start during the year and Bricks Plant is expected to start in the second quarter of the next financial year.