MAIL achieved a net profit for the year 2006-07 after a gap of 9 years

Takeover of Bharuch Unit from SONIC / SOTEX

Largest watch strap manufacturer in India

Set up new coating center facility at Hosur to cater to Titan requirements

Plans to set up coating center facility at Parwanoo to cater to Northern area

Set up joint venture company UCT INDIA LTD in India with technical collaboration of UCT Inc, USA.

UCTIL will have specialised coating suitable for Defense and other applications.

Developed Non Gold coating applicable to Pen parts and other applications such as Surgical Instruments, Hardware etc.

Did preferential issue of Rs 19 crore in 2006 at a premium of Rs 62 to augment working capital