...since 1954
 
  

'Corporate Identity Number:L24101HR1954PLC001837      


 


 

Notice number 20180227-39 dated February 27, 2018 of BSE Ltd. for Listing of Equity Shares of The Yamuna Syndicate Limited.

Profile and history of the company since inception

The Company is engaged in trading & marketing of a wide variety of products. The company commenced its business in the year 1955.

The Company has wide experience in trading of automobile segment especially in Agri- Machinery i.e. that is Tractor.

The Company started trading of tractors with dealership from M/s. Escorts ltd. in the year 1957, with branches in North Haryana, South Punjab, Western U.P. & the entire state of Himachal Pradesh.

Besides, Tractor Business, the Company has a reputed Petrol Pump since 1961 licensed by M/s. Hindustan Petroleum Ltd at Radaur Road, Yamunanagar.

During the year 2000-2001, the Company has taken distributionship of AMARON batteries being supplied by M/s. Amara Raja Batteries Ltd for the districts of Yamunanagar, Kurukshetra and Ambala in Haryana.

The Company has also dealership for Electrical home appliances from M/s. Crompton Greaves Ltd and M/s. Larsen & Toubro Ltd

The Company is also stockiest for SERVO brand of M/s. Indian Oil Corporation Ltd for their Industrial Lubes for the area in Yamunanagar, Ambala and Panchkulla districts of Haryana since 2003.

The Company has also taken distributionship of M/s. GULF Oil Corporation Ltd for automotive lubricants in some of the areas in Himachal Pradesh.

The Company is also selling in retail Fertilizers & Pesticides to farmers being supplied by various manufacturers i.e. M/s. E.I. Dupont India Pvt. Ltd., M/s. Dhanuka Agritech Ltd etc.

In past, the Company had also been involved in dealership business of Yamaha Motorcycle business, passenger cars for Hinustan Motors, commercial vehicle for Ashok Leyland and dealership of maruti spares parts.

The Company is backed by a strong Associate Company M/s. Isgec Heavy Engineering Ltd, which is diversified industrial group with interest in Heavy Engineering, Steel Casting Projects, and Sugar, wherein the Company has 44.83% of its total Share Capital as investment.

In October, 2013, the Company gave up tractor dealership of M/s. Escorts ltd. and took over dealership for New Holland brand of tractors from M/s. New Holland Fiat (India) Pvt. Ltd., wherein better margins were available.

In two years of our taking dealership of New Holland make of tractors, we had to give up dealership of M/s. New Holland because tractor business was becoming unviable due to competition and lower demand. We finally closed tractor business during 2015-2016.

All the other existing businesses are doing well especially distribution of Batteries, which is contributing 30% of the total revenue.

In order to manage effectively, a dedicated Management Information System is installed for control on day to day activities. Operation of the Company is managed by a professional team of managers led by Mr. P. Sunder, Chief Executive Officer under the direction & control of the Board of Directors of the Company.