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Vindhya Telelinks Ltd.

BSE: 517015 Sector: Engineering
NSE: VINDHYATEL ISIN Code: INE707A01012
BSE 00:00 | 20 Sep 1111.15 -20.00
(-1.77%)
OPEN

1126.90

HIGH

1158.00

LOW

1107.50

NSE 00:00 | 20 Sep 1110.80 -24.20
(-2.13%)
OPEN

1131.00

HIGH

1158.90

LOW

1105.15

OPEN 1126.90
PREVIOUS CLOSE 1131.15
VOLUME 765
52-Week high 1499.00
52-Week low 662.35
P/E 12.17
Mkt Cap.(Rs cr) 1,317
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 1126.90
CLOSE 1131.15
VOLUME 765
52-Week high 1499.00
52-Week low 662.35
P/E 12.17
Mkt Cap.(Rs cr) 1,317
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Vindhya Telelinks Ltd. (VINDHYATEL) - Company History

Jointly promoted by Universal Cables of the M P Birla group and Madhya Pradesh Audyogik Vikas Nigam Vindhya Telelinks (VTL) set up a project to manufacture jelly-filled telephone cables (cap.: 5 lac ckm pa) in Sep.'83 at Rewa Madhya Pradesh in collaboration with Ericsson Cables Sweden. It also manufactures solid and foam skin insulated cables in standard conductor sizes - diameters of 0.4 mm 0.5 mm 0.6mm and 0.9 mm -- with capacities varying from 10 pairs to 2400 pairs. It commenced production in Mar.'86. The capacity was hiked to 12.5 lac ckm pa and commercial production on the enhanced capacity commenced on 1 Mar.'90.In Nov.'92 Vindhya Telelinks came out with a rights issue of equity shares in ratio of 1:2 at a prem. of Rs 75. VTL has promoted Birla Ericsson Optical (one of the early entrants in the optical fibre cable industry) and promoted a joint venture Universal ABB Power Cables along with Universal Cables and the renowned multinational power equipment company Asea Brown Boveri to produce high-voltage power cables in Satna Madhya Pradesh. The company has received ISO 14001 Environmental Management System Certification from DET Norske Veritas Netherlands for its entire range of products. Project of Optical Fibre Cables has been commissioned & company is very much hopeful about the increase in production level & approval from DOT.In order to augment the financial resources the company had come out with a rights issue of 5926007 16% secured redeemable partly convertible debentures in the year 1996. In 1996-97 it has received IS/ISO 9002 certification for manufacture and supply of jelly filled telephone cables from Bureau of Indian Standards (Accredited by Road Voor Accreditatie Netherlands).During the year 2000-2001 the company floated a subsidiary Optic Fibre Goa along with Universal Cables and Birla Ericsson Optical to meet the requirement for Optical Fibre. The production is likely to commence in the quarter of 2002.

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