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Vikas WSP
BSE: 519307|NSE: VIKASWSP|ISIN: INE706A01022|SECTOR: Chemicals
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Jul 24, 16:00
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Vikas WSP is not traded in the last 30 days
Company History - Vikas WSP
1988
 
 - The company was incorporated as Private Limited company with
 Registrar of Companies Delhi and Haryana, New Delhi on 22nd June
 under
 the name Vikas Gum Mills Pvt. Ltd.
 
 - The main promoters of Vikas WSP Ltd., are Shri. J.D. Agarwal,
 Shri.B.
 Jindal and Shri. B.D. Agarwal.  The Promoters hail from a
 agricultural
 family from Siwani.
 
 1990
 
 - The company is engaged in manufacturing and export of Guar water
 Soluable Polymers
 
 1992
 
 - The name of the company was subsequently changed to Vikas WSP Pvt.
 Ltd., on 19th August subsequently it was converted into a Public
 Limited Co. on 22nd September.
 
 1995
 
 - The Company very successfully launched its maiden public issue of
 44,86,500 No. of equity shares of Rs. 10 each cash at par
 aggregating
 to Rs 4,48,65,000/-.
 
 - Sh. J. D. Agarwal & Sh. B. D. Agarwal retire by rotation and being
 eligible offer thesmelves for re-appointment.
 
 - The Company proposes to install economiser at thermic fluid boiler
 and DG Sets which will use the exhaust of the DG Sets and thermic
 fluid
 heaters to heat the water used in the process.
 
 1996
 
 - Sh. R.C. Jindal & Sh. Koshal Patodi retire by rotation and being
 eligible offer themselves for re-appointment.
 
 1997
 
 - Sh. J.D. Agarwal and Sh. B.D. Agarwal retire by rotation and being
 eligible offer themselves for re-appointment.
 
 - The Company proposes to install economiser at thermic fluid boiler
 and DG Sets which will use the exhaust of the DG Sets and thermic
 fluid
 heaters to heat the water used in the process.
 
 2000
 
 -Shelved its Rs 140 crore preferential share issue due to sharp
 erosion in the share price from Rs 1 550 a few weeks ago to the
 current level of Rs 300.
 
 - Mr. B.M. Jindal, Director, have resigned from the board.
 
 2001 
 
 -Allotts 1 crore equity shares of Re 1 each at a price of Rs 82.5 per
 share to the promoters/directors/associates of the company.
 
 2007
 
 -Government of Rajasthan has allotted industrial land measuring 93075
 square meters (23.25 Acres) to the Company for implementation of its
 Organic Project at Bikaner.
 
 2008
 
 -The Company has acquired agricultural land measuring 1985 acres for
 raising the certified organic crops such as Guar, Wheat and Herbal
 plants.
 
 -The Company has Purchased agricultural land measuring 1985 acres for
 raising the certified organic crops.
 
 2011
 
 -The Company has recommended final dividend of Rs. 0.25/- per equity
 share of Rs. 1 each.
 
 2012
 
 -Board of Directors considered and proposed the 100% final dividend
 for the financial year 2011-12 i.e. Rs. 1/- per equity share of Face
 Value of Rs. 1/-each.
 
 -Miss Kamini Jindal D/o Sh. B. D. Aggarwal has been appointed as
 Additional Director of the Company.
Source : Dion Global Solutions Limited
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