1973 - International Conveyors Ltd was incorporated in 1973 by two
Kolkata based entrepreneurs Mr. R.K. Dabriwala and Mr. Anver Hussain
to manufacture conveyor belts.
1979 - The company started commercial production in Aurangabad
2003 - The Board of directors of the company had decided to buy back
15% of issued share like 360000 equity shares of Rs 10 each at a
price not exceeding Rs 30 per share.
2008 - The board of the company on 29th February 2008, had approved
the issue of 9,75,000 convertible warrants of Rs 10 each convertible
into equity shares of Rs 10 each on preferential basis.
- Further, the board had decided to increase the authorized capital
of Rs 3 crore to Rs 5 crore.
-International Conveyors has given the Bonus in the Ratio of 1:1
-Company has splits its Face value of Shares from Rs 10 to Re 1
-International Conveyors have recommended a final dividend of Rs.
0.15 per equity shares (i.e. 15%) in addition to the Interim Dividend
of Rs. 0.10 per equity share (i.e. 10%).
-International Conveyors has recommended dividend of 15%
-International Conveyors has recommended payment of dividend of Rs.
0.25 (i.e. 25%) per equity share