Euro Panel Products Ltd share Price Today

The Company was originally incorporated as a private limited company in the name of "Archer Trading House Private Limited" under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated December 18, 2013 issued by the Registrar of Companies, Maharashtra, Mumbai. Subsequently, the name of the Company was changed to "Euro Panel Products Private Limited" pursuant to Special Resolution passed by the Shareholders of the Company at the Extra-Ordinary General Meeting held on August 18, 2014. The Deputy Registrar of Companies, Mumbai issued a fresh Certificate of Incorporation dated October 22, 2014, upon change of the name of the Company. The Company was converted into a Public Limited Company pursuant to the Special Resolution passed by the Shareholders of the Company at the Extra-Ordinary General Meeting held on August 25, 2021 and consequently upon conversion, the name of Company was changed to "Euro Panel Products Limited" vide a fresh Certificate of Incorporation dated September 21, 2021, issued by the Registrar of Companies, Mumbai. The manufacturing process is supported by the team of professionals and is headed by the Managing Director, Mr. Rajesh Shah. The manufacturing process is supervised through quality control equipments and qualified personnel. Aluminium Composite Panel, (ACP) is a new technology building material, the panel is a composite consisting of two layers of aluminium sheet sandwiching a polyethylene core produced from a continuous extrusion process. Under "Eurobond", the Company integrate the innovation along with quality to offer a wide portfolio of ACPs that complements the architectural structures in India. Aluminum Composite Panel (ACP) is a flat panel crafted out of two aluminum alloy sheets bonded with a non-aluminum core, in order to form a composite. It is used as cladding or facade material of buildings, insulation, and signage. In addition, ACPs have many applications associated with body paneling, in the automotive industry. Euro manufactures ACPs through Quality-Controlled Production method. ACPs are kind of panels, which are widely used as an exterior covering of commercial buildings and corporate houses due to its durability and easy maintenance in almost any kind of climate. At Euro, the Company manufacture varieties of ACPs in different colors, designs and texture to cater the varied needs of the customers. To achieve the optimum utilization of resources, the Company have adopted Kaizen strategy. Kaizen strategy is an approach to create continuous improvement, where employees at all levels of a Company work together proactively to achieve commitments, incremental improvements to the manufacturing process. The production process of ACPs is first to clean the aluminium coil. After cleaning and chemical treatment of the aluminium coil, a protective film is formed on the surface, this chemical film helps to improve oxidation resistance of the aluminium coil and prolong the life of the aluminium foil. The composite panel is produced by a continuous lamination process, in which a sheet of the material that will make up the core is extruded and compacted between two aluminium sheets that are unwound at the same time.Finally, the flatness of the material is compacted and perfected and a protective film is applied. Currently the Company operate through network of dealers, suppliers and distributors which are spread throughout the country. Therefore, it helps us the business model to spread market risks arising out of fluctuation in the market shares of various brands besides helping to achieve economies of scale. The focus is to capture a considerable market share in each of the product categories. The Company is ISO 9001: 2015 certified, engaged in manufacturing of Aluminum Composite Panels (ACPs)having a manufacturing unit situated at Umbergaon, Gujarat. The Company operate through distribution channels on PAN India basis, through its depots, distributors and dealers. Currently, its depots are located at Chattisgarh, Delhi, Gujarat, Madhya Pradesh, Maharashtra, Uttar Pradesh through which it can ensure that the products are supplied at proper time to customers, distributors and clients. The Company have been associated with various organizations which includes Government Organizations, Hospitals, Multi-Specialty Hospitals, Airports etc. The Company entered the foreign market and have been exporting the products in USA, South Africa, Uganda, Nigeria, Tanzania, Sri Lanka and Nepal since the year 2014. On 31 March 2015, the Company entered into an agreement with Dakshin Gujarat Vij Company Limited for the supply of electricity upto the maximum of 11000 volts. During the year 2019, the Company was certified ISO 9001:2015, issued by TV India Private Limited. In FY 2021, the Company bagged the award for `Issue of One Start Export House Certification by the Ministry of Commerce and Industry. The Company became the Annual Member of Indian Green Building Council (IGBC). The Company received approvals by a leading Oil Corporation for their Pan India retail visual identity, a Fashion House for its visual identity in retail locations across India and a E-vehicle brand for their Pan India retail visual identity respectively.