Jyoti Structures Share Price

When it comes to providing turnkey solutions in the power transmission sector, Jyoti Structures Ltd. is one of the most reputable companies in India. In the power transmission industry, the company's primary line of business is the provision of turnkey solution packages. Transmission Lines, Substations, and Rural Electrification are the three primary facets of their business that they focus on. The organization has been awarded certification from ISO 9001, ISO 14001, and OHSAS. They take on turnkey projects worldwide and provide a comprehensive variety of services, including design engineering, tower testing, manufacture construction, and project management. These services are all part of the turnkey process.

The production capacity of the company's factories in Nashik and Raipur is a combined 110000 MT, and they are used for the fabrication and galvanizing of towers and other structures. To fabricate towers, the facilities are outfitted with machinery that uses computerized numerical control, or CNC. In addition to that, the Ghoti Igatpuri location has an in-house tower testing facility. Jyoti Structures Pvt Ltd was the original name of the firm that would later become Jyoti Structures Ltd. It was established as a private limited company on May 27, 1974.

Jyoti Structures Private Limited was the previous moniker of the business until it was changed on October 21st, 1974. On October 21, 1974, the firm was renamed Jyoti Structures Ltd and transformed into a public limited company. This transformation took place simultaneously. They launched their first full-scale commercial production run at the Nasik Factory in April 1979.

The business signed its first turnkey contract with the Maharashtra State Electricity Board in September 1988. In February of 1989, they carried out an initial public offering in which they sold 92000 equity shares for 10 rupees each at a premium of 5 rupees each equity share, which brought in a total of 13.8 million rupees. In April of 1989, the firm's shares were first made available for trading on the Bombay Stock Exchange. The firm put the production plant in the Urla Industrial Area of Raipur into operation in March 1993. The company's shares were first traded on the National Stock Exchange in July 1995. At the Ghoti Igatpuri location, an in-house tower testing facility was established in December 1996.

In June of 2005, the business formed a joint venture company in Dubai known as Gulf Jyoti International LLC (GJI), in which they now have a 30% equity position. In September 2006, the firm established a wholly-owned subsidiary in South Africa under Jyoti Structures Africa Pty Ltd. They now own 70 percent of the company's ownership. The corporation expanded the installed capacity of transmission lines/towers/structures by 14200 MT to 95800 MT during 2008-2009, bringing the total to 95800 MT. The business successfully put a 1200 KV tower through its paces for the first time in India in March of 2010. Do you want to know more about Jyoti Structures Shares? Click Hereto know about Jyoti Structures Share Price for today.