Jasch Gauging Technologies Share Price

Jasch Gauging Technologies Limited (JGTL) was incorporated on May 25, 2021 as a wholly owned subsidiary of Jasch Industries Ltd, to receive the demerged undertaking of industrial gauges and equipments from Jasch Industries Ltd. Jasch, a division of Automation was started in 1998 to become market leader in development of Online Measurement Systems. With constant technology improvement and advanced product offerings, Jasch became one of the major suppliers of Online measurement systems Worldwide having an installation base of more than 2000 systems.The Company manufactures Industrial Gauges Equipments. Industrial Gauges Equipments are used for online measurement of thickness, grammage, moisture ash contents in paper making industry, online measurement of thickness coating weight in plastics, steel, sheet rolling, galvanizing, aluminum foil nonferrous metal rolling industry.Apart from these, XRF3000 coating gauge is designed for online measurement of metal coatings on both sides of metal sheet in Continuous Galvanizing Lines (CGL). The deviations from preset target values are instantly detected allowing immediate corrections to production process to maintain uniform coating. Hundreds of installations worldwide are impressive evidence of market acceptance and capability of XRF3000, designed to be flexible and with open software architecture without compromising on system reliability and ease of maintenance. It is also worlds leading provider of systems control, process control and automation for control in the Building Materials market like Shingles, Felt, Rubber Sheet, Insulation .Glass and Foam.In 202324, the Industrial Gauges Equipments Undertaking of Jasch Industries Ltd, was demerged into the Company as a going concern basis through the Scheme of Arrangement and made effective on 30 September, 2023. In consideration of, the above, allotment of 2 fully paidup equity share of the Company, having face value of Rs. 10 each to the equity shareholders of Jasch Industries Ltd for every 5 fully paidup equity share of Rs. 10 each held by them in Jasch Industries Ltd. have been allotted. The Company started its manufacturing activities w.e.f. 01102023