YEAR                       EVENTS
 1954 - The Company was Incorporated at Chennai.  The Company
 manufacture
        bonded and coated abrasive products, refractories, refractory
        grains, calcined bauxite etc.  The Company also represents
        Carborundum Co. for their sales of electrocasts refractories
 and
        crucibles and the Universal Abrasives, Ltd. for abrasive
 grains.
 
 1962 - 20,000 No. of equity shares issued at a premium of Rs 25
 each.
 
 1967 - 36,000 right equity shares issued at par in the proportion
 18:35.
 
 1970 - In April, 95,400 bonus shares issued; Prop. 9:10.
 
 1976 - 1,00,700 bonus shares issued to proportion 1:2.
 
 1982 - Shares subdivided.  12,08,400 bonus shares issued in prop.
 2:5.
 
 1986 - 16,91,761 bonus shares issued in proportion 2:5.
 
 1991 - 23,68,464 No. of equity shares issued as bonus in prop. 2:5,
        58,713 shares issued to the shareholders of Wendt (India) Ltd.
 in
        ratio of 3 shares of the Company + Rs 50 cash for every 5
 shares
        of Wendt (India) Ltd.
 
 1992 - The Company offered 25,94,965-15% secured redeemable partly
        convertible debentures of Rs 130 each on right basis to the
        existing shareholders in the ratio of 2 debentures for every
 five
        equity share held.  Another 1,29,748 debentures were offered
 to
        the employees.  All were accepted.
 
      - Part-A of Rs 60 per debenture was converted into one equity
 share
        at a premium of Rs 50 per share on 1.4.1993.  Part-B of Rs 70
 per
        debenture was to be redeemed in three instalments of Rs 23, Rs
 23
        and Rs 24 from 7th, 8th and 9th year respectively from the
 date
        of allotment.
 
      - The Company acquired 4,740 preference shares and 1,24,800
 equity
        shares of Wendt (India) Ltd. and 10 lakhs Units of Unit Trust
 of
        India under the 1964 Scheme.
 
      - The Company has issued by private placement 5,00,000 - 14%
        Secured Redeemable Non-Convertible Debentures of Rs.100/-each
        aggregating to Rs.500 lakhs to finance the working capital
        requirements.
 
 1993 - 27,24,164 shares allotted (prem. Rs 50) on conversion of 15%
        PCDs.
 
 1994 - The Company commissioned a wind farm of 2 MW capacity at
        Perungudi and Tamilnadu.  During the year a project for
        manufacture of brown aluminium oxide grains was commissioned
 with
        additional capacity of 8,000 tonnes at Edappally.
 
      - 300 shares issued on conversion of 15% PCDs.
 
      - The Company has obtained highest rating of p1+ from CRISIL
 for
        the issue of Commercial Paper for Rs.10 crores during the
 year.
 
 1995 - Four wind mills were also added for increasing the capacity
 to
        2.925 MW in order to meet power requirement of Hosur factory.
 
      - During the year the Company had entered into a technology
        transfer agreement relating to manufacture of nitride bonded
        silicon carbide refractories.
 
 1996 - The performance of electrominerals division was affected by
 the
        continuous steep power cuts in Kerala, increase in power
 traffis
        and freight charges.
 
      - A new facility for manufacture of new generation monolithics
 for
        steel plants was being established at Visakhapatnam.
 
      - Murugappa Morgan Thermal Ceramics Ltd., a subsidiary in which 
   
        the Company held 70% shareholding has implemented a new
 project
        for 3000 tonnes Spun Ceramic Fibre
 
 1997 - The Company has issued and allotted 4,01,020 bonus shares in
 the
        ratio of two shares for every one share held.
 
      - During the year a technology transfer agreement has been
 entered
        into with Answer Technology Inc., USA for manufacture of new
        generation monolithics for steel plants.
 
      - The Company has collaborated with leading research
 institutions
        like Regional Research Laboratory, Babha Atomic Research
 Centre
        and Pennsylvania State University for the development of new
        ceramic materials and process technology.
 
      - The Company's shares have been admitted to the depository
 system
        consequent to an agreement being signed with National
 Securities
        Depositories Ltd., (NSDL) in November.
 
      - The Company is to set up a unit in Visakhapatnam for the
        manufacture of special refractories for the steel industry.
 
      - The company also set up four windmills during the year.
 
      - The Ranipet unit manufacturing super refractories received
 the
        ISO 9002 certification.
 
      - The Company, part of the Murugappa Group, Chennai, has become
        the first Indian company to have got the approval of the
        Directorate of Civil Aviation for plasma coating aircraft
        propellers and turbine blades.
 
      - The Company is merging the three companies that it acquired
 last
        year - Cutfast Abrasive Tools (CAT), Cutfast Polymers (CPL),
 and
        its arm Eastern Abrasive (EAL).
 
 1998 - Eastern Abrasive Ltd and Carborundum Universal Investments
 Ltd.
        are subsidiaries of Carborundum Universal Ltd.
 
 1999 - Allotment of 4,62,319 shares to the shareholders of erstwhile
        Cutfast Abrasive Tools Ltd., Cutfast Polymers Ltd. and
 Eastern
        Abrasive Ltd. consequent to the amalgamation of these
 Companies
        with Carborundum Universal Ltd.
  
      - During the year 5,62,500 equity shares were allotted to HSBC
        Private Equity India Fund Ltd., Mauritius (HPEIF) on
 conversion
        of the 15% Fully Convertible Bonds aggregating to Rs.9 crores
        held by them.
 
      - The Company has established a wholly owned subsidiary in the
        U.S.A by name CUMI America Inc. for marketing the Company's
        products in the American markets.
 
 2000 - New Ambadi Investments Pvt. Ltd. (NAIL) has acquired
 14,88,732
        (12.30 per cent) equity shares of the company and
 consequently
        its present holding stands at 14,97,732 (12.37 per cent).
 
      - The Company has sold its refractory unit in Visakhapatnam for
 a
        sum of Rs 7.8 crore.
 
      - The Company has received shareholder approve to its decision
 to
        buy-back up to 27-68 lakh shares at Rs. 115 per share through
 a
        tender offer on a proportionate basis.
 
     -  The Company proposed to buyback the fully-paid equity shares
 of
        Rs. 10 each of the company.
 
 2002
 
 -Mr M V Murugappan steps down as the Whole Time Director on the Board
 of the company.
 
 -Sells its Electrocast refactories unit at Palkkad for Rs.31 crs.
 
 2003
 
 -Appoints Mr Ramesh Agarwal as the Manging Director of the company.
 
 -The Company has acquired a 51% stake in CUMI Australia Pty Ltd.
 
 2004
 
 -M.M. Murugappan new MD for Carborundum Universal
 
 -Gets award for industrial safety instituted by National Safety
 Council, Kerala Chapter in other industries sector in the small
 industries category
 
 2005
 
 -Carborundum Universal Ties up with South African firm Cerdak
 
 -Carborundum Universal Ltd sets up 100% subsidiary in Ras Al Khaimah,
 U.A.E for marketing its products, namely, Abrasives, Ceramics,
 Refractories and Electrominerals in Middle East
 
 -Carborundum Universal has given the Bonus in the Ratio of 1:1
 
 2006
 
 -Carborundum Universal enters into a Joint Venture with CEEB to take
 a 49% stake in Jingri, Yanjiao, China
 
 2007
 
 -Carborundum Universal Ltd has entered into a Business Purchase
 Agreement with IVP Ltd, for the acquisition of its industrial
 ceramics division at Aurangabad, Maharashtra, as a going concern
 subject to fulfillment of statutory and other formalities. The deal
 is expected to be completed shortly.
 
 2009
 
 - Carborundum Universal Ltd has informed BSE that Mr. M
 Lakshminarayan has been appointed as Non Executive Director of the
 Company with effect from January 20, 2009.
 
 
 2010
 
 -Mr. K Srinivasan has been reappointed as Managing Director.
 
 
 2011
 
 -Mr. Sridharan Rangarajan has been appointed as Chief Financial
 Officer of the Company.
 
 -Carborundum Q2 net up 29% at Rs34.65cr
 
 -Company has splits its Face value of Shares from Rs 2 to Re 1
 2012
 
 -Carborundum Universal Limited Q4 up 9.32% at Rs 54.04 cr
 
 -Carborundum Universal ties up with UK’s Sheffield Refractories
 and Anderman.