corporate profile

Milestones

The significant events in the Company’s history are as follows:

10.09.1979 Date of Incorporation
05.10.1979 Commencement of Business
Nov., 1982 Maiden IPO of 11,10,000 equity shares at par to the public
16.02.1984 Commencement of Cement Commercial Production with 66000 TPA
31.12.1985 Declared 20% maiden dividend (12% interim + 8% final)
23.12.1987 Change of Name from Nagarjuna Cements Limited to NCL Industries Limited
01.04.1989 Merger of Klayman Porcelains Limited and issue of 18720 Shares @ Rs.10/- of NCL Industries Limited to KPL Shareholders.
01.10.1989 Commencement of Cement Commercial Production after expansion to 198000 TPA
01.10.1989 Best Workers Welfare Award by Chief Minister of Andhra Pradesh – FAAPCI Award
02.04.1990 Rights – cum – Public Issue of Equity Shares
13.07.1992 Issued Shares on Right Basis - 1:5 @ par
01.11.1992 Commencement of Commercial Production of Bone china Unit (Ceramic Div) introduced for the 1st time in the country using natural gas.
30.09.1993 Commencement of Boards Commercial Production in Technical Collaboration with Bison Werke, Germany.
30.09.1996 Prefab Division executed major Orders worth 2148 Lacs for the first time
June 1997 Introduced Laminated Cement Bonded Particle Boards – introduced first time in the world.
16.01.1998 ISO Certification for Boards Division
18.05.1998 ISO Certification for Cement Division
01.10.1998 Ceramic Division hived off under the scheme of arrangement to M/s Vijay Porcelain Products Ltd
01.10.1998 Best Entrepreneur of the year Award…. Cement Division
2002-2003 Commencement of production of Expanded Cement Capacity to 2,97,000 MTs
16.05.2006 Issued Shares on Right Basis 4:5 @ par
16.05.2007 Scheme of Amalgamation of M/s.NCL Energy Ltd with NCL Industries Ltd
16.04.2007 Commercial Production of Bison Panel at Paonta Sahib Plant
18.03.2008 Issued Shares on preferential Basis - 45/- per Share
Commencement of Cement Commercial Production (Cement Grinding Unit at Kondapalli after expansion to TPA
Commencement of Cement Commercial Production (Cement Unit at Mattapalli after expansion to 2 million Tons)
Commencement of Cement Commercial Production (Cement Grinding Unit at Kondapalli after expansion to TPA

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