The Anup Engineering Share Price

The Anup Engineering Limited, initially known as Anveshan Heavy Engineering Limited was incorporated in September, 2017. The name of the Company was changed to The Anup Engineering Limited on 29 January, 2019 upon the demerger. Since then, Company engaged inmanufacturing and fabrication of process equipment required for Chemicals, Petrochemicals, Pharmaceuticals, Fertilizers, Drugs andother allied industries. The Company has a state of the art manufacturing facility set up at Ahmedabad. Company was one of first fabricators approved by ISRO for supply of very critical and precise components for various satellite launch vehicles programs. It laid foundations to become a complete solutions provider with strong competencies built around manufacturing the products. In February 2019, Company acquired land at Kheda in Ahmedabad for building a modern, state of the art facility which shall be a major cog in the progress and growth in the coming years. The Company have executed an export order for Centrifuge Machine of the value of Rs.60 lacs from U.K. in competition with the world leading manufacturers. The Company demerged from M/s. Arvind Limited and amalgamated into M/s. Anveshan Heavy Engineering Limited through the Scheme of Arrangement in October, 2018. Accordingly, the Scheme was made effective on 30th November 2018. In terms of the said Scheme, the Company allotted 1,01,93,962 Equity Shares of Rs. 10/ each to the equity shareholders of Arvind Limited and the Company. The Companys Phase I new facility was commissioned and made operational in Kheda district of Gujarat. The Company acquired Mabel Engineers Private Limited, a manufacturing company in Tamil Nadu in 202324. The Companys Wholly owned subsidiary, Anup Heavy Engineering Limited merged with the Company through Scheme of Amalgamation and the merger was given effect from April 1, 2022.In FY 202425, Company manufactured and delivered the first Chromium Molybdenum Vanadium modified material equipment. It started manufacturing the first Solid Inconel equipment weighing 200 MT single piece during the year.The commissioning of the Companys new manufacturing unit at Kheda Phase 2 has expanded the production capacity to 8000MT per year in FY26.