Goa Carbon Ltd.

YEAR                       EVENTS
 1967 - The Company was Incorporated on 22nd June, at Goa.
 
      - The Company's object is to manufacture calcine, refine,
 process
        and deal in raw and calcined petroleum coke and other
 by-products
        and to utilise the waste gases for industrial uses.
 
 1971 - 1,98,500 No. of equity shares issued to promoters, directors,
        etc. their associates including 74,925 No. of equity shares
 to
        India Carbon Ltd.
 
 1972 - On 24th November, the Company entered into a collaboration 
        agreement with India Carbon Ltd., for the construction and
        establishment of a plant for the manufacture of calcined 
        petroleum coke.
 
 1973 - The Company also entered into a technical services agreement
 with
        India Carbon Ltd., on 19th September.
 
      - During November, 4,50,000 No. of equity and 25,000 pref.
 shares
        issued to the public. Pref. shares redeemable during
        25.2.1984/86.
 
 1980 - 4,00,000 No. of equity shares allotted to V.S. Dempo & Co.
 Pvt.
        Ltd. upon conversion of unsecured loan given by them.
 
 1982 - A technical collaboration agreement was signed with Alcan
        International Ltd., Canada for introducing their blower 
        technology at the Company's plant for process improvement. 
 Some
        modernisation were made to the plant to introduce this new
        technology.
 
      - The Company proposed to diversify its activities into
 trawling,
        transport, leasing and bauxite business.
 
 1985 - 25,000 pref. shares redeemed on 25.2.1986.
 
 1990 - Production and turnover declined to 28,450 tonnes and Rs.16.76
 
        crores respectively due to scarcity of (RPC).  The scarcity
 was
        attributed to the cut imposed on allocation of RPC for all
        calcinersing to the private sector by Indian Oil Corporation
        Ltd., effective 1st April.
 
 1992 - 11,50,000 bonus shares issued in prop. 1:1.
 
 1993 - Inspite of severe competition in the domestic market, there
 has
        been improvement in sales turnover and profitability due to
        export of CPC to the international market.
 
 2004
 
 -Goa Carbon Ltd has informed that Paradeep Carbon Ltd, a 100%
 subsidiary of the company has won an annual order from National
 Aluminium Company (NALCO) to supply 30,000 MT of CPC, worth Rs 369.15
 million
 
 2006
 
 -Goa Carbon Ltd has informed that Mr. S Ramachandran has been
 appointed as a Whole-time Director of the Company with designation
 Executive Director effective from December 01, 2006.
 Mr. Shrinivas V Dempo has been appointed as Additional Director and
 Chairman of the Company with effect from April 01, 2006. Dr. A B
 Prasad has been appointed as Additional Director of the Company
 effective from December 01, 2006.
 
 
 2007
 
 - Mr. Srinivas V Dempo has been appointed as Director & Chairman of
 the Company.
 
 - Dr. A B Prasad has been appointed as Director of the Company.
 
 
 2008
 
 - Mr. Jagmohan Chhabra has joined the Company as President & Chief
 Executive Officer.
 
 
 2009
 
 - The Company has incorporated an overseas 100% Subsidiary Private
 Company Limited by Shares under the name GCL GLOBAL RESOURCES SGP
 PTE. LTD at Singapore, to broaden the Company's activities.
 
 
 2010
 
 - Mr. Raman Madhok has been appointed as an additional Director of
 the Company.
 
 - Mr. Jagmohan J. Chhabra has been appointed as a Whole-time Director
 of the Company with designation Executive Director.
 
 - Mr. Raman Madhok has been appointed as an additional Director of
 the company.
 
 - Goa Carbon Ltd has entered and signed MOU with Sinoway
 International Holdings Ltd. (Hong Kong based Company) to form a Joint
 Venture Company to set up jointly, a Company in China, to establish
 Calcined Petroleum Coke manufacturing unit.
 
 2013
 
 - The Company has recommended dividend of Rs. 2.50 per share of Rs.
 10/- each (25%). 
 
 - Re-appointment of Mr. Jagmohan J. Chhabra as Whole-time Director of
 the Company with designation Executive Director.
 
 2014
 
 - The Company has recommended dividend of Re. 1/- per equity share of
 Rs. 10/- each (10%).
 
 - Operations at the Company's Goa Plant located at St. Jose De Areal
 Salcete, Goa have -commenced for Production.