The Company was incorporated on 26/05/1984 in the Union Territory of Delhi. It came out with Public Issue in the year 1985 and after public issue company’s listed capital became Rs.40,00,000/- consisting of 400000 shares of Rs.10/- each, subsequently it came up with Right Issue in the year 1991 for allotment of equity shares to the existing shareholders which were subscribed by them for 597325 shares and on 3rd December,1991, paid up capital of the company raised to Rs.9973250/- consisting of 997325 Equity Shares of Rs. 10/- each.