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1960 - The Company was incorporated on 3rd October at Mumbai. The main objective of the company is to manufacture oxygen and acetylene. The company 76,500 shares issued to Promoters, etc. 73,500 shares offered for public subscription. 1962 - Equity shares were fully called-up. 1969 - 1,110 No. of Equity shares forfeited for non-payment of calls. 1972 - Raptakos, Brett & Co. Ltd.,became a subsidiary of the Company with effect from 25th January. 1976 - The Company entered into a technical collaboration agreement with General Electrodes & Equipment Ltd., who were the partners of M/s. Griesheim GmbH, the well-known firm of West Germany in gas industry, for the production and supply of industrial gases in Maharashtra and other parts of India. 1978 - The Company entered into a fresh long-term agreement with Mahindra Ugine Steel Co. Ltd., to meet their additional requirements of oxygen and nitrogen gas. The Company purchased land in the Pimpri Bhosari Industrial Area from Maharashtra Industrial Development Corporation in order to implement its expansion at Pune. 1979 - The Company was appointed as distributors of argon gas for the Maharashtra State by Gujarat State Fertilisers Co. Ltd. 1980 - The Company entered into a long-term agreement with Polychem Ltd., for the supply of oxygen and nitrogen gases through pipeline to their vinyl acetage monomer factory at village Nimbut, Pune district. 1981 - The Company finalised another long-term agreement to supply oxygen and nitrogen gases through pipeline to Special Steels Ltd., at Tarapur. 1989 - As on 31st March, the company is holding 99.70% of the equity and 100% in preference capital of the routine preference capital of their subsidiary Raptakos, Brett & Co. Ltd. Products:
1. Acetylene
2. Argon
3. Nitrogen Gas
4. Others
5. Oxygen.
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