Our Company was incorporated as ÂLumino Industries Limited at Kolkata, West Bengal as a public limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated March 30, 2005 issued by the RoC. We received our certificate of commencement of business, issued by the RoC, on March 31, 2005.
Historically, a partnership firm by the name ÂLumino Industries was formed with effect from September 1, 1989 at Calcutta, West Bengal to commence the business of manufacturing cables, conductors and other electrical goods, pursuant to a partnership deed dated September 1, 1989 (ÂPartnership DeedÂ) entered into between Deepak Goel and Shanti Devi Goel. The Partnership Deed provided that both Deepak Goel and Shanti Devi Goel shall be entitled to 50% of profits and losses of the partnership, each. Pursuant to the supplementary deed of partnership dated September 8, 1989, the split of profits and losses of the partnership was amended to 45% and 55% for Deepak Goel and Shanti Devi Goel, respectively. Subsequently, pursuant to the indenture for transfer dated March 31, 2005, entered into between our Company, Shanti Devi Goel and Deepak Goel, our Company took over the business operated by the partnership firm, Lumino Industries, as a going concern, in accordance with the sub-clause III(A) of the MoA of our Compan.
Major events and milestones:
1989
- Our Company was initially formed as a partnership firm as ÂLumino Industries to manufacture and deal in cables, conductors and other electrical goods
1999
- Established a factory for manufacturing in Kolkata, West Bengal
2006
- Diversified into power distribution EPC sector
2018
- Diversified into the solar EPC sector
2019
- Set up a furnace in Jalan Industrial Complex, Howrah, West Bengal for manufacturing of aluminium alloy rod and aluminium wire rod
2020
- Crossed the ?10,000 million gross turnover mark for the first time, including the highest export turnover of ?673 million
- Diversified into the manufacturing of High-tension low sag (HTLS) conductors
2023
- Secured our first water EPC project awarded by the Public Health Engineering Directorate, Government of West Bengal
- Recorded an order book of ?26,110 million
2024
- Achieved the highest gross turnover of approximately ?16,000 million in Fiscal 2024
2025
- Received grade A in the MQP approval from the Power Grid Corporation of India Limited for the supply of AL 59 and ACSR conductors.
2026
- Entered into conductor manufacturing licenses and core supply agreement with CTC Global Corporation
- Crossed the ?20,000 million gross turnover mark and PAT of ?1,600 million.