Scan Projects Limited Formally Known as Ambala Cements Ltd. was originally incorporated at February 20, 1992 Under the Companies act 1956. It was subsequently converted into a Limited company. The company was established as a Mini Cement Plant and entered in Manufacturing & Sale of Cement. In the Initial Years Co. performed well but thereafter due to swear recession in Cement Industry, high cost of raw material and non-availability of raw materials company decided to close the cement manufacturing activity.
Since the Promoters of the Company had vast experience in the manufacturing of machinery and equipments for Cement, Paper, Sugar, Fertilizer, Chemical and Iron ore Plants and other material handling equipment. So the Company has decided to enter into the manufacturing, erection & Commissioning of Cement and its allied industrial machinery and equipments. The Company also decided to change its name from Ambala Cements Limited to Scan Projects Limited with effect from September 9, 2010.The company at present procured good orders for supply of Cement machinery parts and their erection and commissioning of cement plants with in India and from overseas market also.
The company is also expecting better opportunities in the ensuing period Scan Projects Limited (the Company) is a Public limited company domiciled in India and incorporated under the provisions of the Companies Act applicable in India. The registered office of the Company is at Yamunanagar (Haryana). Its shares are listed on Bombay Stock Exchange.
Business area of the company
The company is engaged in Engineering Services (i.e. Erection, commissioning, supervision, project drawing and designing services) and trading of fabricating material, equipment parts and other items etc.