Jord Engineers India (NSDL only) Share Price

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• Jord Engineers India Ltd. was incorporated in 1989 and specialized in designing and manufacturing process equipment for industries like power, oil & gas, petrochemicals, fertilizers, and paper.
• In 1990, the company set up manufacturing facilities in Vadodara, Gujarat, as a joint venture with Jord Engineers Pty Ltd., Australia.
• In 1995, it partnered with Fintube Technologies Inc., USA, to produce high-frequency resistance welded finned tubes.
• The company offered a range of products, including air-cooled heat exchangers, waste heat recovery boilers, direct-fired heaters, rotary drum vacuum filters, clarifiers, and mechanical sugarcane harvesters.
• From its inception, Jord Engineers focused on exports, supplying equipment to over 20 countries across various continents.
• The company went public with a public issue on March 11, 1993, and was subsequently listed on the Bombay Stock Exchange (BSE).
• The company's shares were delisted from the Bombay Stock Exchange on January 20, 2017, at a delisting price of ₹5.20 per share.
• As of March 31, 2022, Jord Engineers India Ltd. is under liquidation, with its assets being sold to repay creditors as part of the legal insolvency process.
• On May 21, 2021, JM Financial Asset Reconstruction Company Ltd., acting as trustee of JMFARC Jord SUUTI Trust, filed an insolvency petition against Jord Engineers India Ltd. before the National Company Law Appellate Tribunal (NCLAT).