YEAR EVENTS 1962 - National-Standard Duncan Ltd. was incorporated on 20th August at Calcutta. As a joint venture between National-Standard Co., USA and the erstwhile Duncan Brothers & Co. Ltd., India. - The main objective of the company is to manufacture beadwire for tyres, other types of specialised wires and sales thereof. - The company was formed as a result of collaboration between National Standard Company, U.S.A., well-known beadwire manufacturers and the Indian Agency House of Duncan Brothers & Co. Ltd., Calcutta. - NSD Investment Ltd., is a subsidiary of the company. 1964 - 8 shares subscribed for by the signatories to the memorandum of Association. 49,492 shares issued at par 25,000 shares reserved and allotted to National Standard Co. USA; 12,742 shares taken up by Duncan Brothers & Co. Ltd. and 12,250 shares offered to the public during Jan/Feb. 1963. 1974 - 25,000 Rights equity shares issued at par in prop. 1:2. 1977 - 25,000 bonus shares issued in prop. 1:3. 1981 - The company received industrial licence to manufacture steel tyre cord. 1982 - The company received approval from Government for a new plant for beadwire and another for manufacture of rubber machinery both to be located in the state of Karnataka. 1983 - DGTD registration was received for the manufacture of hydraulic tyre curing presses and tyre building machinery. 1985 - The company issued 50,000-15% secured redeemable non-convertible debentures of Rs. 100 each by private placement with Unit Trust of India. 1987 - The company had to marginally increase the selling prices of its products in order to off-set partially, the rise in the cost of production. - CNC machines and machine tools were being installed in the machinery divisions which manufactured various bead-making machinery systems as import substitution. - Assembly of fully automated tyre-bead making machinery systems commenced. During the year, the construction of the new wire plant at Doddaballapura. - The machinery division received relevant approvals from concerned authorities for foreign collaboration and import of special purpose vertical milling machine for production of engraved steel tyre moulds by 3-dimensional milling with multi-axes numerical control which would enable upgradation of technology being employed for production of all steel tyre moulds. 1988 - The company commissioned the second wire plant at Doddaballapura. Apart from tyre-beadwire, the unit also manufactures brass-plated reinforcement wire for high pressure hoses. The machinery division assembled a state-of-the-art fully automated tyre-based making machinery system electrically sequenced through a programmable logic controller. 1989 - The continual upgrading of the manufacturing facilities enabled the company to maintain profitability levels. 1990 - A CNC machine was installed at Hosakote to facilitate manufacture of steel engraved tyre moulds of very large dimensions. Machinery division plant at Thane added Tyre building drums to its existing rang of products. - 5,00,000 shares allotted on rights basis (prem. Rs. 12 per share; prop. 1:2). 25,000 shares offered to employees/workers (prem. Rs. 12 per share) but only 7,950 shares taken up. The balance 17,050 shares allowed to lapse. 1992 - The company received relevant approvals for technical collaboration for manufacture of hydraulic tyre curing presses, radially expanding tyre building drums, container for segmental tyre moulds for radial tyres. The company also established in-house manufacturing facilities for production of tyre building drums at its machinery plant it Thane. Moreover, the Doddaballapura wire plant capacity was being enhanced by intallation of an additional wire drawing machine. 1993 - The machinery division widened its range of manufacture of producing wire drawing machinery and single strand tyre bead making machinery systems for making hexagonal beads and installed at the wire division plant at Doddaballapura. The wire division was engaged in establishing a new wire plant at Baddi. 1995 - The machinery division produced and successfully commissioned state-of-the-art wire drawing machines and other equipments for the Baddi plant. - 9,55,092 shares allotted on rights basis (prem. Rs. 50 per share prop. 2:3. 1996 - The machinery division started exporting shipping machinery systems and special purpose equipments to tyre companies apart from tyre moulds and spares for tyre Bead Lines. 2007 - Company name has been changed from National Standard Duncan Ltd to National Standard (India) Ltd. 2011 -Registered Office of the Company has been shifted To Room No#6, 4th Floor, Commerce House, 2A Ganesh Chandra Avenue, Kolkatta, 700 013, West Bengal. 2015 -National Standard (India) shifted the registered office of the Company from 216, Shah & Nahar Industrial Estate, Dr. E. S. Mosses Road, Worli, Mumbai - 400018 to 412, Floor - 4, 17G, Vardhaman Chamber, Cawasji Patel Road, Horniman Circle, Fort. Mumbai - 400001. 2017 -The has said that, inter alia: a)Taken on record, the aforementioned Delisting Proposal received from the Acquirer; b)Appointed Fedex Securities Limited, as Category 1 Merchant Banker in accordance with Regulation 8(1A)(ii) to issue Due Diligence certificate in accordance with Regulation 8(1E) of the Delisting Regulations; c)In accordance with regulation 8(1A)(iii) of the Delisting Regulations, there was no trading in shares of the Company for a period of two years prior to the date of the Board meeting; d)To determine the floor price in accordance with regulation 8 of SEBI (Substantial Acquisition of Shares and Takeovers) Regulation, 2011; Please take the above on record and acknowledge the receipt of the same.