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-1 (-5%)| Company History - Katwa Udyog | |
YEAR EVENTS
1993 - The Company was incorporated on 17th March as a Public
Limited
Company and obtained certificate of commencement on 19th
July.
KUL is promoted by Shri H.D. Katwa, Smt. N.H. Katwa and Shri
M.L.
Bevinketti to take up the business of manufacture and sale of
cement. The Company objective of the company is to
manufacture
ordinary portland cement.
- In April, the company purchased a 20 TPD plant from KSFC.
The
plant was situated at Bagalkot Taluk, Karnataka. The Company
marketing the cement in its own brand name `Jyoti Cement'.
1995 - The Company proposed to add further capacity of 50 tonnes per
day, install electronic weight feeder system and to acquire
other
assets such as weigh bridge, D.G. Sets, loader and goods and
transport vehicle.
- During January, the Company offered 31,60,000 No. of equity
shares of Rs. 10 each for cash at par of which 17,800 shares
were
offered to the employees (Only 16,500 shares were taken up.
Balance added to the public issue). 7,50,000 shares were
offered
to the NRIs, FIIs (All were taken up), 23,92,200 shares were
offered to public (all were taken up). Additional 33,000
shares
were allotted including unsubscribed portion from employees
quota.
1996 - 19,32,500 shares were held by Promoters, directors, their
friends
and relatives.
2006
-Katwa Udyog has recommended 10% dividend
2008
-Company name has been changed from Katwa Udyog Ltd to Shri Keshav
Cements & Infra Ltd. | |
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| Source : Dion Global Solutions Limited | |
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