YEAR EVENTS 1935 - The Company was incorporated as a private limited on 1st February and converted into a public company on 28th February, 1947. - The Company was a well known Managing Agency House of Calcutta. It carries on extensive business as general traders and agents and has branches at Mumbai, Chennai and Delhi. It also manufactures continuous stationery for computers and aluminium sluge. - 64,900 No. of equity shares and all the 25,000 pref. shares allotted as fully paid up pursuant to a contract without payment in cash. Pref. shares redeemable either in whole or in part at any time after 28th February, 1962 on giving atleast 6 months notice. 1954 - Equity shares subdivided into shares of Rs.10 each. 1972 - The Wholly owned subsidiary Taipoo Tea Association Ltd., was amalgamated with the company with effect from 1st April. 1974 - Indian Tack & Nail Co. Ltd., and Adequate weighers (India) Ltd., two of the erstwhile subsidiaries of the company were amalgamated with the company with effect from 1st April. - 69,600 more equity shares were issued for consideration other than cash. 1976 - 97,108 No. of equity shares issued without payment in cash. 1977 - 28,900 No. of equity shares issued without payment in cash. 1978 - 4,22,804 bonus equity shares issued in prop. 1:2. 1980 - Profits recorded a steep fall mainly due to drop in the profitability of the tea division. 1982 - The tin refinery division was also closed down due to shortage of raw material "tin dross". 1985 - Profits, however, declined substantially mainly due to lower average selling price and higher manufacturing cost of tea. - Performance of the engineering division was unsatisfactory due to difficult operating conditions while that of the marketing division registered an improvement. - 3,17,103 bonus equity shares issued in prop. 1:4. 1986 - The company redeemed 25,00 - 5% cumulative redeemable preference shares of Rs.100 each fully paid by issuing and allotting 25,000 - 15% non-convertible redeemable secured debentures in lieu thereof effective from 1st April. - 25,000 - 5% cumulative preference shares redeemed. 1987 - Profits declined mainly due to a substantial fall in the profits of the tea division. - The Company proposed to supplement the Kalamzoo works with encoding and testing equipments for the manufacture of Magnetic Ink Character Recognition (MICR) cheques and other documents. 1988 - The Indian tack and nail division was closed down with effect from 16th June, due to fall in demand for its products. 2009 - Gillanders Arbuthnot & Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 06, 2009, inter alia, has appointed Mr. H P Kanoria and Mr. S Lahiri as Additional Directors of the Company. 2010 -Smt. P. D. Kothari has been appointed as an Additional Director of the Company -Gillanders Arbuthnot & Company has recommended issue of Bonus Ordinary Shares in the ratio of one Ordinary Share of Rs.10/- each fully paid-up for every two Ordinary Shares of Rs.10/- each 2011 -Gillanders Arbuthnot's Engineering (MICCO) Division has received orders for execution of jobs from BHEL and SAIL aggregating to an amount of Rs. 8,626.77 lacs. 2012 -Gillanders Arbuthnot bags orders worth over Rs 13,348.65 lakh 2013 -Gillanders Arbuthnot & Company Ltd has approved Dividend of Rs. 2/- per share i.e. 20% as dividend on 2,13,42,346 fully paid up Ordinary shares of Rs. 10/- each. -Mr. D. K. Sharda has been appointed as Managing Director & CEO of the Company. 2014 -Gillanders Arbuthnot & Company Ltd has recommended Dividend of Re. 0.75/- per share i.e. 7.50% as dividend on 2,13,42,346 fully paid up Ordinary shares.