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नर्मदा सीमेंट > कंपनी इतिहास > Cement - Mini > कंपनी इतिहास का नर्मदा सीमेंट - बीएसई: 530451, NSE: N.A

नर्मदा सीमेंट

बीएसई: 530451  |  NSE: N.A  |  ISIN:  |  Cement - Mini

कंपनी इतिहास - नर्मदा सीमेंट
YEAR                       EVENTS
 1977 - The company was incorporated on 28th April, at Mumbai.  The
        Company was promoted by Chowgule & Co. Pvt. Ltd., and
 Government
        of Gujarat.  The Company manufacture portland cement.
 
 1981 - Allotted 34,70,000 No. of equity shares to Chowgule & Co.
 Pvt.
        Ltd. and 17,30,000 No. of equity shares to Gujarat Govt.
 1,50,000
        Pref. shares and 48,00,000 No. of Equity shares offered at par
 to
        the public in May.
 
 1983 - 40,00,000 Rights Equity shares issued at par in prop. 2:5,
        36,350 Equity shares and 690 Pref. shares forfeited.
 
 1984 - Forfeiture on 10,725 No. of Equity shares annulled.
 
 1985 - Forfeiture on 875 No. of equity shares and 200 Pref. shares
        annualled.
 
 1988 - The Company came under the provisions of the Sick Industrial
        Companies (Sp. Provisions) Act, 1985 and the company
 completed
        the necessary formalities pertaining to the Act.
 
 1990 - The overall production could have been still higher but for
        reasons such as non-availability of clinker owning to
 Magdalla
        port closure for about 10 days during September-October,
 strike
        for 5 days and 6 days respectively at Jafrabad clinker plant
 and
        at Magdalla plant, etc.  Also movement of cement by road was
        affected due to diesel shortage and that by rail due to
        non-availability of further rakes.
 
      - The BIFR appointed IDBI as an operating agency which in turn
        submitted a rehabilitation scheme.
 
      - 57,58,700 No. of Equity shares allotted at par pursuant to
        conversion of right exercised (20,00,000 shares to promoters,
        35,80,000 shares to Gujarat Govt. and 1,78,700 shares to
 UTI.)
 
 1991 - The production and despatches at Magdalla were adversely
 affected
        due to go-slow tactics and strike by employees for about 25
        days.
 
 1994 - The Company allotted 41,40,000 No. of equity shares of Rs 10
 each
        to the promoters.  On the 24th September 1993, the promoters
 were
        allotted 100,00,000 shares of Rs 10 each.  Pursuant to scheme
 of
        Rehabilitation circulated by BIFR, the Company allotted
        200,00,000 shares of Rs 10 each to promoters.
 
      - The Company issued 17,50,000 - Zero rate fully convertible
        debentures of Rs 100 each to the promoters.  These are to be
        converted into 175,00,000 No. of equity shares of Rs 10 each
 at
        par after 2 years from the date of allotment.  Also as per
 the
        rehabilitation scheme, the promoters were allotted 3 crore
 equity
        shares of Rs 10 each at par.
 
 1995 - Clinker production was decreased due to a longer annual
 shutdown
        period of 38 days.
 
      - The Company was proposed to set up a cement grinding unit with
 a
        capacity of 60 tonnes per hour at Jafrabad.  The Company
        undertook the close circuiting of the grinding mill at
 Ratnagiri
        to improve the quality and productivity of cement.
 
 1996 - The Company was setting up facilities for production of slag
        cement at Ratnagiri.
 
      - Cement grinding unit with a capacity of 60 TPH was installed
 and
        commissioned in Jafrabad.  At Magdall, cement grinding mill
 was
        totally renovated by replacing girth gear, gear box and
 pinion.
 
 2000 - To convert 17,50,000 Zero Percent Unsecd. FCDs into equity
 shares of Rs. 100/-
              each into equity shares of Rs. 10/- each at par.
 
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • MARKET CUES : FIIs ने कैश में `436 Cr की खरीदारी की
  • MARKET CUES : DIIs ने कैश में `929 Cr की खरीदारी की
  • MARKET CUES : FIIs ने F&O में `1244 Cr की खरीदारी की
  • MARKET CUES : इंडेक्स फ्यूचर्स में `744 Cr की खरीदारी की
  • MARKET CUES : इंडेक्स ऑप्शंस में `137 Cr की खरीदारी की
  • MARKET CUES : स्टॉक फ्यूचर्स में `358 Cr की खरीदारी की
  • MS ON WIPRO : Underweight रेटिंग, लक्ष्य घटाकर `230/Sh
  • JEFFERIES ON WIPRO : Underperform रेटिंग, लक्ष्य घटाकर `218/Sh
  • CITI ON ACC : BUY रेटिंग, लक्ष्य घटाकर `2150/Sh
  • CLSA ON ACC : BUY रेटिंग, लक्ष्य `2050/Sh

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