Late Shri K Ramachandra Raju – first generation entrepreneur established Nagarjuna Cements Ltd- the company and commenced business
IPO of 11,10,000 equity shares
Commercial production of cement at 66,000 tonnes started
Declared 20% dividend (12% interim + 8% Final )
Changed the name from Nagarjuna Cements Ltd to NCL Industries Ltd
Merger of Klayman Porcelains Ltd and Issue of shares at 2:5 to KPL shareholders. Commencement of cement production after expansion to 1,98,000 TPA
Rights – cum – Public issue of equity shares
Issued shares on right basis 1:5 at Par Commencement of Ceramic Unit – using natural gas for first time in the country
Commercial production of Cement Bonded Particle Boards in technical collaboration with Bison Werke, Germany.
Prefab Division executes orders worth Rs.2148 Lacs
Introduction of Laminated Cement Bonded Particle Boards – first time in the world
ISO certification for Boards Division & Cement Division. Ceramic Division hived off under the scheme of arrangement to Vijay Porcelain Products Ltd
Commenced cement production with expanded capacity of 2,97,000 TPA
Issued shares on right basis 4:5 at Rs.18/- per share
Commercial production of cement bonded particle boards at Paonta Sahib Plant. Commencement of commercial production from Kondapally cement grinding plant with 330,000 tonnes per annum capacity. Merger of NCL Energy Ltd with the company and issued shares at 1:6 to NCL EL shareholders
Issue of shares to the promoters on preferential basis at Rs.45 per share. Commencement of commercial production of expanded clinker capacity at Simhapuri
Commencement of Commercial Production from Kondapalli Line 2 with a capacity of 6.60 Lakh Tons Per Annum
Commencement of Commercial Production from Mattapalli Line 2 with a capacity of 9.90 Lakh Tons of Clinker and 6.60 Lakh Tons of Cement. With this expansion, company graduated from Mini cement plant category to become one of the major cement plants in Andhra Pradesh.
Company’s Gross Turnover crossed Rs.500 Crores. Company forayed into RMC Business by setting Two Plants in Hyderabad & Vizag
Company’s Gross Turnover crossed Rs.750 Crores
Allotment of 17,95,455 equity Shares to the Promoters on preferential basis @ Rs.22/- Per Share
Issue of NCDs on private placement basis to pay off the term lenders and augmenting production capacities in Cement & Boards Division. Exits from CDR.
NCL High School completed 25 years Silver Jubilee
Company’s Gross Turnover crossed Rs.1,000 Crores.
2nd RMC plant in Hyderabad at Rampalli commenced commercial production 3rd Cement Bonded Particle Boards plant at Simhapuri commenced commercial production
Successfully raised an amount of Rs. 202 crores by allotment of 85 Lakhs Equtiy Shares by way of Qualified Institutional Placement (QIP).
Commencement of commercial production of line 3 cement & clinker plants at Simhapuri.
Commencement of commercial production of 3rd Boards Plant at Simhapuri.
Commencement of commercial production at 4th RMC Plant at Vishakapatnam.
Further addition to product range. NCLdoor, the largest door manufacturing facility in India launched
Commissioning of WHR plant Commissioning of Solar units
Commissioning of Sandwich Panels unit at Paont Sahib (Himachal pradesh)
©2024 NCL Industries All Rights Reserved. Privacy Policy