YEAR EVENTS 1972 - The Company was Incorporated on 17th August at Mumbai. - The Company's object is to manufacture centrifugally cast alloy steel tubes and heat alloy steel castings (heat resistant and stainless steel). - The Company entered into a technical information and trade mark licence agreement with Abex Corporation, U.S.A. for the supply of technical information for the manufacture of centrifugally cast alloy steel tubes and other alloy steel castings. The company is also entitled, during the period of the agreement, for the right and licence to use the trade marks ABEX, THERMALLOY and SUPERTHERM. Abex Corporation, U.S.A., had closed down their factory in the states as also other divisions and discontinued their association with the company. - Issue 1,92,500 shares to Universal Ferro & Allied Chemicals, Ltd. Mumbai and 28,800 shares to other promoters, etc. 1973 - 25,000 Pref. and 5,28,700 No. of equity shares issued at par: 1,50,000 No. of equity shares to Abex Corpn. U.S.A. without payment in cash and the balance to the public. pref. shares redeemable during 12th December 1985/88. 1975 - 6,00,000 rights equity shares issued at par in prop. 4:5. 1982 - For the first time, in the country company installed and perfected automatic welding system for welding of reformer tubes. A vertical centrifugal casting machine was also installed for broadening and diversifying the product range. 1984 - Sales decreased further due to the availability of imported reformer tubes at substantially lower prices in the market and lower labour efficiency. 1985 - The setback was due to labour unrest for most part of the year, sluggish market conditions aggravated by liberal import policy and lower order booking by major clients like the public sector steel plants. 1986 - The overall working resulted in losses mainly due to sluggish demand for Reformer tubes by virtue of fertilizer glut in the country. - 25,000-9.5% preference shares were due for redemption latest by 31st December, 1988. However, the company could not redeem these preference shares on the due date. Application to issue further redeemable preference shares equal to the amounts due (including dividends) in respect of unredeemed preference shares under section 80A of the companies Act 1956 as required by law had been made to the company Law Board for which approval was still awaited, preference dividends amounting to Rs.20,19,000 was in arrears. 1991 - The Company negotiated a fresh collaboration with a leading German concern under the name Schmidt a Clemens GmbH and Co. 1992 - During December, the company allotted 6,25,000 No. of equity shares of Rs.10 each at a prem. of Rs.42.50 per share to M/s. Marker Stahl GmbH & Co. Germany, associate of Schimat & Ciemens GmbH & Co., Germany the collaborators. 2009 - Uni Abex Alloy Products Ltd has that the Company has recruited one Mr. Kishore Tamhaney as the "Chief Operating Officer" (COO) of the Company on and from September 10, 2009 2010 -Uni Abex Alloy Products Ltd has recommended a dividend of Rs. 2.50 (25%) per equity share. 2011 -Uni Abex Alloy Products Ltd has recommended a Dividend of Rs. 2.80/- (28%) per equity share. 2012 -Uni Abex Alloy Products Ltd has recommended a dividend of Rs. 3.50 (35%) per equity share. 2013 Uni Abex Alloy Products Ltd has recommended a dividend of Rs. 3.5 (35%) per equity share . 2014 Uni Abex Alloy Products Ltd has recommended a dividend of Rs. 6/- per Share, (i.e. 60% ), on the Equity Shares. 2015 -Developed lance Tubes for a Copper Smelter 2016 -Developed Alloy Steel Saggers for Tunnel KILN application 2019 -Developed Cobalt based high performance alloy for Steel Mill Application -First in India to develop & supply Deflector Rolls of 900mm diameter for CGL application 2020 -Uni Abex Alloys Successfully supplied outlet pigtails to a PSU in Central India. 2021 -Uni Abex Alloys Successfully Supplied Reformer tubes for a Gas Based DRI Unit in India. 2022 - Uni Abex Alloys has declared 125% Final dividend for the financial year March 2022. 2023 -Uni Abex Alloys has declared 200% Final dividend for the financial year March 2023 2024 -Uni Abex Alloys has declared 250% Final dividend for the financial year March 2024