Graphite India Ltd.

YEAR                       EVENTS
 1974 - The company was incorporated on 2nd May, 1974 at Mumbai.  It
        manufactures graphite electrodes and anodes.  The Company was
        promoted by H L Financial Consultants & Management Services
 Pvt.
        Ltd. (FICOM) and H L Investments Pvt. Ltd.
 
 1977 - 4,70,000 shares taken up by promoters, directors, etc. and
        2,50,000 shares allotted to Graphite India, Ltd.  10,80,000
        shares offered to the public at par during Dec. 1976.
 
 1983 - 25,000 Pref. shares issued Pref shares redeemable in
 instalments
        during 4.6.1991/94.
 
 1984 - 18,00,000 rights equity shares issued at par in prop. 1:1.
 
 1988 - The Company entered into a technical-cum-financial
 collaboration
        with Graphite India Ltd.  This collaboration expired in
 January.
 
 1990 - 25,000 Pref. shares issued.  Pref. shares redeemable in
        instalments during 4.6.1991/94.
 
 1991 - Rs 25 of the face value of Rs 100 per pref. shares redeemed.
 
 1993 - The name of the Company, was changed from Carbon Corporation
 Ltd.
        to Carbon Everflow Ltd.
 
 1994 - During the year 550mm dia electrodes were launched and
 production
        of 600mm dia was being pursued.
 
      - Effective 1st January, Graphite Vicarb India Ltd. was
 amalgamated
        with the Company as per approvals secured from the High Court
 of
        Calcutta.  In terms of the amalgamation, shareholders of GVIL
        received one equity share of the Company for every 3 shares
 held
        in GVIL.  Accordingly 26,82,834 shares were allotted on 12th
        June, 1995.
 
      - Preference redeemed.  11,96,050 No. of equity shares
 allotted.
 
 1995 - As a part of the ongoing expansion cum modernisation
 programme,
        two modern energy efficient re-baking furnaces with
 technology
        availed from Riedhammer GmbH & Co. KG. Germany were installed
 and
        commissioned in March.
 
      - 26,82,834 No. of equity shares allotted due to amalgamation.
        14,39,860 shares allotted at a premium of Rs 20 per share on
        conversion of warrants issued in May 1994.
 
 1996 - Graphite electrode division successfully launched 600 MM dia
 UHP
        electrodes during the year.  Two more pitch impregnation
 systems
        of improved version have been installed by the company.
 
      - 25,66,350 No. of equity shares of Rs 10 each at a prem. of Rs
 30
        per share issued to shareholders on Rights basis.
 
 1997 - 1998 - No News
 
 1999
 
 -Exim Bank and IDBI sanction Rs 360 million to Carbon Everflow
 
 2001
 
 -Carbon Everflow Board approves scheme of merger
 
 -Board  approves the draft scheme of amalgamation of Graphite India
 Ltd (GIL) and Carbon Investments Ltd with the Company
 
 
 2002
 
 - Board approves, the Registered Office of the company has been
 shifted from the state of Maharashtra to the State of West Bengal.
 The address is as follows: 31, Chowringhee Road, Kolkata - 700 016.
 
 -Graphite India Ltd. and Carbon Investment Ltd. amalgamated with the
 company. Graphite India Ltd stands dissolved without winding up w e f
 May 23, 2002. Name of the company changed from Carbon Everflow Ltd. to
 Graphite India Ltd.
 
 -Bindal Leasing picks up a 5.60 per cent stake,  General Trading and
 Panna Trading acquire 4.80 per cent and 5.07 per cent in the company
 
 2004
 
 -Graphite India Limited has informed that at its meeting held on
 January 17, 2004 the BOD have appointed Mr. D J Balaji Rao as an
 additional director of the company. Also Life Insurance Corporation
 of India has appointed Mr. B B Das, Executive Director (Audit &
 Inspection), Mumbai as its nomine director in place of Mr. K B
 Krishnamoorthi.
 
 2006
 -Company has splits its Face value of Shares from Rs 10 to Rs 2
 
 2008
 
 -Graphite India Ltd has informed that ICRA Ltd has upgraded the
 rating of Non-Convertible Debenture Programme - Rs 50 crore to LAA
 (pronounced L double A) which indicates high-credit quality from LAA-
 (pronounced L double A minus); and reaffirmed the rating of Commercial
 Paper / Stock-term Debt Programme - Rs 30 crore (at A+ (pronounced A
 one plus) which indicates highest-credit-quality.
 
 2009
 
 - Graphite India Ltd has informed that the Board of Directors of the
 Company on June 30, 2009, has appointed Mr. J D Curravala as an
 additional director of the Company. Mr. J D Curravala is presently
 Managing Director of GKW Ltd.
 
 
 2010
 
 -The Company signaled its international debut in 750 mm (30”)
 diameter electrodes by receiving trial orders from two overseas
 customers.
 
 -Graphite India Ltd - Foreign Currency Convertible Bonds.
 
 
 2011
 
 -Graphite - Board recommends Dividend @ Rs. 3.50 per equity share of
 Rs. 2/- each.
 
 EEPC (Eastern Region). Star Performer 2010 - 2011. Mica and other
 mineral based articles used mainly for electrical purposes (Large
 Enterprises)
 
 -Capexil Award fo export achievement in respect to Graphite
 Electrodes & Fines 2010 - 2011
 
 
 2012
 
 -The Karnataka State Appellate Authority at Bangalore Under Water &
 Air (Prevention & Control of Pollution) Acts, 1974 & 1981, the
 Appellate Authority has passed an interim order granting stay of the
 impugned orders of the Karnataka State Pollution Control Board
 (KSPCB) refusing consents to operate and directing closure of
 industrial operations.
 
 2013
 - Board recommended a Dividend @ Rs. 3.50 per equity share Rs. 2/-
 each.
 - Graphite India Ltd own 12th Annual Greentech Safety Award 2013	
 
 2014
 - Board recommended a Dividend @ Rs. 3.5/- per equity share of face
 value Rs. 2/- each.
 - Graphite India Ltd own Award For Export Excellence for the year
 2014.