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Ramco Industries
BSE: 532369|NSE: RAMCOIND|ISIN: INE614A01028|SECTOR: Cement - Products/Building Materials
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Company History - Ramco Industries
 Ramco Industries Ltd. started commercial production in the year
 1967.
 During the year 1991, 100% Export Oriented Spinning Mill was
 commissioned with an installed capacity of 6,000 spindles at a
 project
 cost of Rs. 14 crores to produce combed coarse varieties 10s 20s and
 30s count. During the year 1992-93, The Government announced
 exemption
 from payment of Excise Duty for products containing more than 25%
 Pozolonic Material - Fly Ash.  The company availed of this facility
 for
 a part of the year and passed on the benefit to the customers.
 
 During the year 1994-95, export of Fibre Cement products amounted to
 Rs. 280.23 lacs showing a significant increase as compared to Rs.
 29.29
 lacs for the previous year.
  
 During the year 1994-95, Ramco Industries Ltd. has become a majority
 shareholder by subscribing to the Rights Issue. At the same time the
 name of the company was changed from UNIVAG RAMCO AG to  Ramco
 Systems
 Ltd. in switzerland.
 
 RIL had initially received an order for about 10600 Tonnes of Fibre
 Cement Pressure Pipes from Sri Sathya Sai Central Trust, Prasanthi
 Nilayam, Andhra Pradesh, which is progressively enhanced to 16200
 Tonnes. The total quantity supplied upto 31-3-96 was 14700 tonnes.
 
 The company has received a Letter of Intent from Government of
 India,
 for establishing one more Fibre Cement Sheet Plant with a capacity
 of
 45000 Tonnes per annum at Arakkonam.  The company has also received
 another Letter of Intent for establishing one more Fibre Cement
 Sheet
 Plant at Dharampur in Gujarat with a capacity of 45,000 Tonnes per
 annum. The company has concluded a memorandum of understanding with
 Ask
 Corporation of Japan for transfer of technical know how to
 manufacture
 of flat sheets employing a fibre other than asbestos.
 
    
 2001 - The Company has signed an agreement with CDSL, NSDL, and
 Cameo
 Corporate Services Ltd. for dematerialisation.
 
 - Ramco Industries Ltd. has a strategic partnership with Sun
 Microsystems to participate in the iForce program.
 
 
 2008
 
 - Ramco Industries Ltd has informed that the Board of Directors of
 the Company at its meeting held on January 31, 2008 has appointed
 Shri. S A Bhima Raja, President as Whole Time director with effect
 from January 31, 2008.
 
 2009
 
 -  Ramco Industries fixes Record Date for Stock Split & Bonus Issue
 
 -Ramco Industries has given the Bonus in the Ratio of 1:1
 
 -Company has splits its Face value of Shares from Rs 10 to Re 1
 
 2011
 
 - Ramco Indust - Board recommends Final Dividend of  Re. 0.40 per
 Equity Share of Re. 1/- each fully paid-up
 
 2012
 
 - Ramco Indust - Board declares Interim Dividend of Re. 0.90 per
 share of Re. 1.00 each for 2011-12.
Source : Dion Global Solutions Limited
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