1978 - The company was incorporated on
24th June and the certificate of
commencement of Business was obtained on 6th November. It
formed to take over the Indian branch of the Cementation
- The Company is engaged in civil engineering and carrying out
highly specialised contracts.
- It was in the 1920's that a series of dams near Mumbai were
constructed for Tata Hydro-Electric Power Supply Company.
- The dams were constructed with Surkhi lime mortar. After a
period of time, Leakages became evident in the dams. These
leakages resulted in the start of the operations of the
Cementation Company Ltd., UK in India in 1931.
1979 - With effect from 1st January the company took over the Indian
branch of the Cementation Company Ltd., UK through a scheme
- Govt. approved arrangements for provision of technical
and services to the Company by Cementation Mining Ltd. (CML),
Cementation Ground Engineering Ltd. and Cementation Pilling &
Foundation Ltd. for a period of 5 years on a royalty (subject
tax) of 1.25% of the turnover in the specialised activities in
which such services are utilised. Accordingly, agreements
signed in September 1981.
- The main object of the public issue of equity capital was to
reduce the non-resident holding in the Company to a level not
1980 - Issued 51 shares to The Cementation Co., Ltd., U.K.
and 49 shares to seven resident Indian Nationals as
to the Memorandum of Association. 8,00,000 shares issued at
through a prospectus. 4,08,000 shares reserved and allotted
firm basis to Cementation without payment in cash. 25,000
each reserved and allotted to UTI and GIC (including its 4
subsidiaries) and 40,000 shares reserved for allotment to
employees, Indian directors and business associates of the
Company. 3,02,000 shares offered for public subscription
1986 - The Company signed a technical collaboration agreement with a
U.K. company for the technique of replacement of underground
pipelines without open excavation. A MOU had also been
with an European company for technical support in specialised
- Kvaerner Cementation Foundation Ltd., U.K. and Kvaerner
Construction Ltd., U.K. are technical collaborators for the
Company. The Govt. of India approved renewal of the existing
collaboration agreement with these two companies for a
period of 5 years to September 2001.
1987 - The R&D wing of the Company developed a light rig for using
drilling equipment for scaffolding and the equipment was
successfully put to use.
1989 - The contracts for providing small diameter crossings under
roadways and railways for services such as telephone lines
electricity cables were executed.
1990 - The R&D division of the Company has the recognition of the
Department of Science and Technology, Govt. of India.
1991 - The R&D division assisted in developing equipment for marine
piling work and evolving a technique for jacking in very
precast concrete boxes. The division continued its
for mechanisation of plant and for introducing new techniques
1993 - The Company has entered thediagnostics market with the world
famous TECHNICON line of automated Chemistry and Haemotology
- The Chemicals Division was formed on 1st January taking over
the indenting business of the Inorganic Chemicals, Pigments
Ceramics and Organic Chemicals Business Groups of Bayer AG,
Haarmann & Reimer.
1994 - Effective 7th September, the name of the Company was changed
Cemindia Company Ltd. to Trafalgar House Construction India
- 4,80,000 Bonus shares issued in prop. 3:5 in March 1984.
- 12,80,160 bonus shares issued in prop. 1:1.
1995 - The Company entered into a Collaboration Agreement with
House Construction (Major Projects) Limited which would
expertise for construction of highways, motorways, bridges,
1996 - The Company's working was affected by higher interest and
depreciation costs and increased operating costs on contracts
to many clients deferring progressive payments due to their
- Kvaerner ASA acquired the whole of the share capital of
Trafalgar House Plc. in April. Kvaerner is an international
diversified business group registered in Norway with a London
based international operational headquarter.
1997 - The Company Right issue 20,48,256 equity shares of Rs. 10/-
at a premium of Rs. 190/- per share were offered for
by way of rights shares in January 1998.
- The Company had technical collaboration agreements with
Kvaerner Cementation Foundations Limited, U.K. and Kvaerner
Construction Limited, U.K.
- The company has also bid for setting up a marine terminal at
Dahej in Gujarat.
- Trafalgar House Construction is making a 4:5 rights issue of
equity shares at a premium of Rs. 180-218.
- The Indian subsidiary of global engineering and construction
major Kvaerner, Trafalgar House Construction (THCI) will
a Rs. 40.96 crore rights issue at a premium of Rs 190 per
1998 - Cementation company was a subsidiary of Trafalgar House Plc,
later acquired in full by Kvaerner.
1999 - KCIL is a subsidiary of the Norwegian engineering and
construction major, Kvaerner ASA.
- The Company is the first construction company to be
with ISO 9002 in India for construction of Port and Harbour
Structures which demonstrates the capabilities and competence
the Company in marine projects.
2000 - The Company has appointed Suni Shah Singh as its full-time
managing director from 1st June to May 31, 2005.
- Mr. M.G. Ranade resigned as Director effective from June
continues to hold the position of Secretary of the
- Dr. S. Ram Iyer resigned as Managing Director effective
1, but continues as Director on the board and holds the
of Deputy Chairman.
- Investment Information and Credit Rating Agency has
highest safety rating of `A1+' assigned to the debt
instruments of Kvaerner
Cementation India Ltd.
- Company has awarded the contract for 600-metre berth part of the Rs
450-crore container terminal to Kvaerner Cementation (India) Ltd.
-Mr. M G Ranade has retired as Company Secretary w.e.f. November 02,
-Mr. K M Thatte has been appointed as Company Secretary w.e.f.
November 02, 2001 and has been redesignated as Finance Director.
--Mr Robert Anthony Wallace has been appointed as an Additional
Director of the Company with effect from April 30, 2002. He has also
been appointed as the Chairman of the Board with effect from May 01,
-K E Clarke has resigned as Director of the Company w.e.f. August 31,
-Mr. Nasser Munjee has been appointed as an Additional Director of
the company w.e.f. August 01, 2003.
-Mr. Per Hofvander and Mr. Staffan Levin have been appointed as
Additional Directors of the Company w.e.f. from April 30, 2004. Mr.
Per Hofvander has also been appointed as a Chairman of the Board
w.e.f. May 01, 2004.
-Company has changed its name from Skanska Cementation India Ltd. to
ITD Cementation India Limited
-ITD Cementation India Ltd on July 31, 2007, has appointed Mr. Deba
Prasad Roy and Mrs. Parizad Pervez Mistry, as Additional Directors of
the Company with immediate effect.
-The company has issued rights in the ratio of 1:1 at a premium of
Rs. 415/- Per Share.
-Registered Office of the Company has been shifted From Apeejay
House, Dinshaw Vachha Road, Mumbai 400 020 To 1st Floor, Dani Wooltex
Compound, 158, Vidyanagari Marg, Kalina, Santacruz (East), Mumbai 400
- Itd Cementation India Limited has appointed Mr. Adun Saraban as an
Additional Director and Whole-time Director with effect from August
-ITD Cem Joint Venture bags major Jaipur Metro Project from DMRC
-Mr. Adun Saraban has been appointed as Managing Director of the
-ITD Cementation has recommended a dividend of Rs. 1.50 per share
-ITD Cementation has recommended a Dividend of Rs. 2.00 per share
--Registered Office of the Company has been shifted from 1st Floor,
Dani Wooltex Compound, 158 Vidyanagari Marg, Kalina, Santacruz
(East), Mumbai-400098 to National Plastic Building, A-Subhash Road,
Paranjape B Scheme, Vile Parle (East), Mumbai-400057