YEAR EVENTS 1945 - The Company was incorporated on 17th January, 1945 at Ramganjmandi, Rajasthan. The Company acts as stone quarry operators and also has polishing factories. The products are sold under brandname `Kotah Stone'. - The company undertook to set up a new polishing factory and lime manufacturing plant of 100 tonnes capacity near Jhalawar Road Station (Shree Chatrapura). In this unit 50 polishing machines, 6 cutting machines and 3 repolishing machines were to be installed. - The Company undertook to start a marble/granite processing unit at Udaipur. Licenses were received for the import of steel shot gang saw for sawing granite block and high efficiency diamond multiple blade for sawing marble and orders for the same were placed with a German firm. 1982 - In August one automatic marble cladding material manufacturing unit was received and it was installed and commissioned in Pasoond unit from 25th September. 1983 - Ramganjmandi Investments Ltd., became a wholly owned subsidiary of the Company during the year. 1987 - The Company allotted 10,000-15% non-convertible debentures of Rs 100 each for Rs 100 lakhs to UTI by private placement. These debentures are redeemable on the expiry of 7 years from the date of allotment. 1992 - Hadoti Cement Ltd. became subsidiary of the Company with effect from 2nd November. 1994 - The Company commissioned its polishing unit at Silvassa without any cost overrun. The Company launched Kotah Stone which received good market response. - 26,64,000 bonus shares issued in proportion 2:1. 15,98,400 share issued (prem. Rs 30 per shares) to the existing shareholders on right basis in ratio of 2:5. 1995 - 6,48,257 No. of equity shares issued at par against warrants. Prerna Syntex Ltd. was amalgamated with the Company pursuant to the order of the Rajasthan High Court with effect from 1st April. Accordingly the company allotted 3,85,716 No. of equity shares of Rs 10 each fully paid-up to the shareholders of the erstwhile Prerna Syntex Ltd. in the ratio of two equity shares of the company for every seven equity shares of erstwhile Prerna Syntex Ltd. 2010 -Company has splits its Face value of Shares from Rs 10 to Rs 5 2013 - Credit Analysis & Research Limited (CARE) has assigned the ratings to Bank Loan facilities of the Company. - The Company has recommended a Dividend of Rs. 1.25 (25%) per Equity Share of Rs. 5/- each. 2014 - Credit Analysis & Research Limited (CARE) has reaffirmed the ratings to Bank Loan facilities of the Company. - The Company has recommended a Dividend of Rs. 1.25 (25%) per Equity Shares of Rs. 5/- each. - The address of the registered office of the Company is as Marathon lnnova, A Wing 7th Floor,Off: Ganpatrao Kadam Marg, Lower Parel, Mumbai - 400 013 Tel: 022-40896100/40896105 Fax : 022-40896799, email:investors@asistone.com/uttam@asistone.com and the New CIN of the Company is: L14101MH1945PLC256122. - Appointment of Mrs. Anita Jatia as an Additional Director and Mr. Sanjay Seksaria as an Additional Director/ Independent Director on the Board of Directors of the Company. - Associated Stone Industries Kotah Ltd's subsidiary company ASI Global Limited (ASIGL) has acquired Al Rawasi Rocks and Aggregates L.L.C, Fujairah U.A.E (having lime stone quarry & stone crusher unit) for a consideration of AED 21.71 million (USD 5.915 Million). 2015 -Associated Stone Industries (Kotah) Ltd Change in Registered Office to Marathon innova, A-Wing, 7th Floor, Off. G.K.Marg, Lower Parel, Mumbai. -Associated Stone Industries (Kotah) has splits its face value from Rs. 5 to Rs. 1 2016 -Associated Stone Industries (Kotah) Ltd. approved Bonus Issue in the proportion of 1:4 i.e. 1 (one) Bonus Share of Re. 1/- each to every existing 4 fully paid up Equity Shares of Re. 1/- each. 2018 -Company name has changed to ASI Industries Ltd. from Associated Stone Industries (Kotah) Ltd.. 2024 -The Company Stone Division at Mahindra World City, Jaipur, Rajasthan has started commercial production of