John Cockerill India Share Price

John Cockerill India Limited was formerly established as a Public Limited Company with the name CMI FPE Limited in May 28, 1986 and later on changed from CMI FPE Limited to John Cockerill India Limited effective from June 16, 2020. The main activities of the Company comprise customised design, engineering, manufacturing and installation of components of Cold Rolling Mill Complexes, Galvanising Lines, Colour Coating Lines, Tension Levelling Lines, Skin Pass Mills, Acid Regeneration Plants, Wet Flux Lines and Pickling Lines for ferrous and nonferrous industries globally.Incorporated in 1986, the Company was promoted by T R Mehta. FPL came out with a rights issue in Dec.95 to increase the manufacturing capacity to construct industrial sheds at Taloja, and factory at Andheri, Mumbai to construct fullfledged factory at Silvassa in the Union Territory at Dadra Nagar Haveli to set up designing offices at Delhi / Calcutta and to meet working capital requirements. The Company got into technical collaboration with Durmech Engineering, UK, for the manufacture of paint coating lines. In 2012, it acquired a new plant site at Hedavali, near Khopoli, in Maharashtra. It completed the modernization and expansion plan of its Taloja plant, and consequently made it a Centre of Excellence for Cold Rolling Mills in 2013. During the year 201516, the Company haddisposed off the operational assets at Silvassa including the land and buildings, on January 19, 2016.