1979 - The Company was incorporated on 31st July 1979 at Hyderabad.
was promoted by M. Bangar Raju & Seker. It manufactures
1981 - 4,65,000 shares subscribed for by promoters, etc. 1,95,000
shares taken up by APIDC. 9,90,000 shares offered at par to
public in Oct. 1981.
1983 - 33,50,280 prem. Rs 34 per shares to share holders Dec.
1984 - The companies decided to modernise its plant by introducting
latest reinforced suspension preheater technology from Onoda
Engineering Co. Ltd., Japan was supplying technical know for
company's project involving installation of precalcinator
balancing equipments for enhancing the Capacity.
- In addition, the company undertook a scheme for energy
conservation by installation of `O' SEPA equipment.
1987 - The Company received a letter of intent for enhancing the
capacity from 99,000 tonnes to 1,98,000 tonnes per annum by
installation of precalcinator/balancing equipments.
1990 - The plant was shut down for 3 months for implementation of
modernisation-cum-expansion scheme. The profit margins
to be under pressure on account of severe and unscheduled
cuts, increase in power tariff and high cost of captive power
- The modernisation-cum-expansion scheme was not commissioned
time due to the delay in securing additional power connection
additional coal linkage. The modernisation-cum-expansion
was implemented in August 1991.
1984 - They signed a Memorandum of understanding with state
and Investment corporation of Maharashtra Ltd. for setting up
5,00,000 tonnes per annum Cement plant in Chandrapur district
Maharashtra in the joint sector. A separate district named
Deccan Cements Maharashtra Ltd. was therafter proposed to be
incorporated for this purpose no further progress was
1992 - In November, the Company offered 8,25,000-15% secured
partly convertible debentures of Rs 100 each at par to the
shareholders on rights basis in the ratio of 1 debenture : 2
equity shares held.
- Another 41,250 -15% partly convertible debentures of Rs 100
were offered to the employees of the Company on an equitable
- Part `A' Rs 40 of each debenture was to be converted into one
equity shares of Rs 10 each at a premium of Rs 30 per share
the expiry of 6 months from the date of allotment of
- Part `B' of Rs 60 of each debenture was to be redeemed at a
premium of 5% in three equal instalments on the expiry of the
7th and 8th years from the date of allotment.
1993 - The company issued 8,25,000 party convertible debentures of
100 each as Rights basis in proportion (all were taken up).
- Another 26,875-15% debentures were allotted to the employees.
However shares arising thereof were not subscribed by
hence were cancelled.
- Part A of Rs 40 was converted into 1 equity share of Rs 10 at
premium of Rs 30 per share on 19th July, 1993. Part B of Rs
was to be redeemed in equal instalments of Rs 21 each at the
of 6th, 7th & 8thu year from date of allotment i.e.19.01.93.
1994 - 6,00,000 shares issued to corporate body on private placement
basis. 4,00,000 No. of equity shares allotted on private
placement basis to shareholders of DCL Polyesters Ltd.
bonus equity shares issued in proportion 1:1.
1995 - The Company commissioned a 0.9 Mw Wind Farm project at
Ananthapur Dist., A.P.
1996 - The Mini Hydel Project at Narasaraopet was commissioned on
August 1996. For this, the Company had entered into an
with AP State Electricity Board for implementary 3.75 MW
mini hydel powre project at Guntur branch canal,
1997 - As a part of its expansion programme, the company undertook
convert a few extruder lines into direct spinning lines and
to instal four additional spinning lines to utilise the poly
2001 - The Company has signed an agreement with CDSL, NSDL and Karvy
Ltd, Hyderabad for dematerialisation.
- Deccan Cements Ltd has informed that Sri. J Narayanamurthy has been
appointed as Additional Director with effect from June 23, 2009.
- Deccan Cements Ltd has informed that Mr. K. P. Singh has been
appointed as an Additional Director with effect from May 28, 2010.
- Mr. S. A. Dave as an Additional Director of the Company.
-Deccan Cements has recommended a dividend of Rs. 3/- per share
-Deccan Cements has recommended a dividend of Rs. 2/- per equity
-Deccan Cements has recommended a dividend of Rs. 1.20 per equity