The Company was incorporated as V.B. Spinning Mills Private Limited under the provisions of the Companies Act, 1956 vide certificate of incorporation dated May 23, 1994 issued by the Registrar of Companies, Punjab, H.P. & Chandigarh. Subsequently, a fresh certificate of incorporation dated January 02, 2002 was issued by Registrar of Companies, Punjab, H.P. & Chandigarh, pursuant to change of name of the Company from V.B. Spinning Mills Private Limited to Marshall Machines Private Limited. The name of the company was changed to Marshall Machines Limited pursuant to conversion into a public company vide shareholder’s approval dated April 24, 2018 and fresh certificate of incorporation dated May 17, 2018 issued by Registrar of Companies, Chandigarh. Thereafter the control & management of the Company was completely taken over by Gaurav Sarup and Prashant Sarup in February 2002 along with their father Late Gautam Sarup.

The company's customer list includes GNA, Usha, Hero Honda, Havells, Rockman, Amtek Auto etc. Marshall Machines has an IoTQ and super-optimized machine technology demonstartion center at IMT Gurugram, Haryana. It also has 2 R&D divisions located in its two factories in Ludhiana, one focused on development of super-optimized machines and the second one on development of smart automated machine tool cells.

Business area of the Company

The company is engaged in the business of developing, manufacturing and marketing of Machine Tool Equipment. The company is among first Indian CNC Machine manufacturers. The company manufactures a wide range of CNC Turning Centers including its Patented Double Spindle CNC Turning Centers. It provides complete machining solutions to manufacturers of Axles, Crankshafts, Auto Parts, Fans, Pumps, Bearings, Gear Blanks, Bushes, etc.

Major events and milestones:

• 1994: Company was incorporated as V.B. Spinning Mills Private Limited.
• 2001: Change in name of the Company from V.B. Spinning Mills Private Limited to Marshall Machines Private Limited.
• 2006: Company took over the running business of Marshall Industries.
• 2009: Marshall launched the Four Spindle CNC Lathe and received FIE Foundation Award, for the development of ‘Four Spindle CNC Chucker’.
• 2012: Opened 2nd state-of-the-art factory to produce Automated Machines & develop Smart Technologies.
• 2013/2014: Marshall introduced automated RoboTurn DS 400 with Claptech & Clampsys - first time in India and received FIE Foundation Award, for the substantial contribution made in the development of Roboturn DS 400 Double Spindle Cnc Chucker.
• 2015: Company received FIE Foundation Award, for the substantial contribution made in the development of Machine Automation Integration System.