SGN Cable Industries Limited (SGN) is an existing profit making company incorporated on 16.4.1986 with Registrar of Companies (ROC), Punjab. H.P. and Chandigarh at Jalandhar vide registration No.6087 of 1986 as a private limited company under the name and style of SGN Cable Industries Private Ltd. The company was converted into a public limited company by deleting the word private wef. 2.1.1993 vide ROC orders dated 1.2.1993. The company has availed a term loan of Rs. 37.70 lacs from Punjab Financial Corporation (PFC), Chandigarh for the financing of unit which was to be repaid in 15 instalments. At the request of the company PFC has rescheduled the term loan which will be repaid in monthly instalments and the last instalment is due on 15.03.1998. In May, 1987, the company started manufacturing of ACSP conductors with an installed capacity of 1000 Kms p.a. in various diameters. The Company setup the manufacturing facilities with the financial assistance from Punjab Financial Corporation, Chandigarh. On 1st August, 1993, the company became Partner in SGN Industries, a partnership firm, which is engaged in the manufacture of PVC power and control cables with an installed capacity of 1500 KMs per annum. On 25th March, 1994, the other partners i.e. Mr. Devinder Singh and Mr. Surinder Singh have resigned from the firm and the partnership firm was taken over by the company. The Company becomes the proprietor of the firm on the retirement of the other two partners. The Company has taken over the firm as a running and on going concern and the company has alloted 971800 Equity Shares of Rs. 10/- each as consideration of the capital account standing in the name of the outgoing partners. 2005 - Company has splits its Face value of Shares from Rs 10 to Re 1