Information under Clause 54 of Listing Agreement
Scan Projects Ltd. Formally Known as Ambala Cements Ltd. was originally incorporated at 20-02-1992 Under the Companies act 1956. It was subsequently converted into a Limited Company. The Company was established as a Mini Cement Plant and entered in Manufacturing & Sale of Cement. In the Initial Years Co. performed well but thereafter due to swear recession in Cement Industry, high cost of raw material and non availability of raw materials company decided to close the cement manufacturing activity.
Since the Promoters of the Company had vast experience in the manufacturing of machinery and equipments for Cement, Paper, Sugar, Fertilizer, Chemical and Iron ore Plants and other material handling equipment. So the Company has decided to enter into the manufacturing, erection & Commissioning of Cement and its allied industrial machinery and equipments.
The Company also decided to change its name from Ambala Cements Ltd. to Scan Projects Limited w.e.f 09/12/2010.
The company at present procured good orders for supply of Cement machinery parts and their erection and commissioning of cement plants with in India and from overseas market also.The Company is also expecting better opportunities in the ensuing period.
MR. KAUSHAL WALIA
E-mail : email@example.com
HOUSING BOARD COLONY,
NEAR RAM DARBAR MANDIR.
AMBALA CANTT. – 133001 (HR)