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Indian Hume Pipe Company > Company History > Cement - Products & Building Materials > Company History of Indian Hume Pipe Company - BSE: 504741, NSE: INDIANHUME
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Indian Hume Pipe Company

BSE: 504741|NSE: INDIANHUME|ISIN: INE323C01030|SECTOR: Cement - Products & Building Materials
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Dec 11, 16:00
195.40
-3.15 (-1.59%)
VOLUME 1,098
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Company History - Indian Hume Pipe Company
The Company was incorporated on 20th July, 1926 at Bombay as private
 company and converted into a public company on 15th December, 1939. 
 It manufactures Hume Pipes, Hume Steel Pipes, R.C.C. Poles, Septic
 Tanks, R.C.C. Lamp posts , Pre-stressed concrete pipes, Steel pen
 stock pipes and Latrine Manholes.
 
 The company holds the entire equity capital of Rs 5,42,280 of its
 subsidiary Indian Hume Pipe (colombo) Ltd., Sri Lanka.
 
 The name was changed to Industrial Hume Pipe Company Ltd. during
 1989-90.  On 1st July, 1979, National Rifles Ltd., was amalgamaled
 with the company. The assets and liabilities were taken by issuing 34
 equity shares of Rs 100 each to shareholders of the best erstwhile
 National Rifles Ltd., in the Proportion 1:1.
 
 2004
 
 -Indian Hume Pipe Co. Ltd has informed that the Company has received
 intimation from Pune Stock Exchange informing the Company its
 approval to the Company's application for delisting of Company's
 Equity Shares from Pune Stock Exchange wef January 16, 2004.
 
 - Entered an Agreement on March 05, 2004 to sale its industrial land
 at Vatva Industrial Area, Ahmedabad admeasuring about 75,858 sq.
 Mtrs. for a total consideration of about 3.99 crores. The aforesaid
 transaction is likely to be completed in 10-12 months time.
 
 2005
 
 -Indian Hume Pipe Company has given the Bonus in the Ratio of 2:3
 
 2006
 
 -Indian Hume Pipe Co. Ltd has  appointed Mr. Vikas K. Gupte as a
 Company Secretary & Compliance Officer of the Company with effect
 from November 06,2006.
 
 2007
 
 -Indian Hume Pipe Company Ltd has recommended a Dividend of 60% i.e.
 Rs 6/- per Share on Equity Shares
 
 2008
 
 -Mr. Subhash M. Mandke has been appointed as Company Secretary &
 Compliance Officer of the Company
 
 -Indian Hume Pipe Company Ltd has recommended payment of dividend @
 70%
 
 2009
 
 -Indian Hume Pipe Company Ltd has recommended payment of dividend of
 Rs 8.50/- per equity share of Rs 10/-each (85%) 
 
 2010
 
 -Indian Hume Pipe Company Ltd has recommended payment of dividend of
 Rs. 10/- per equity share of Rs. 10/- each (100%)
 
 -Company has splits its Face value of Shares from Rs 10 to Rs 2
 
 2011
 
 - Company has signed a Memorandum of Understanding (MOU) with M/s.
 Dosti Realty Limited 
 
 2012
 
 -Indian Hume Pipe Company Ltd has recommended payment of dividend of
 Rs.2/ - per equity share
 
 2013
 
 -Board has recommended a Dividend of Rs. 2.20/- per share (110%) for
 the year 2013.
 
 2014
 
 -Indian Hume Pipe Company Ltd has recommended a dividend of Rs.
 2.40/- per equity share of Rs. 2.00/- each.
 
 2016
 -Indian Hume Pipe receives LOA for water project in AP
 -Indian Hume Pipe bags contract worth Rs 145.15 cr in Alwar,
 Rajasthan from the government of Rajasthan.
 
 
Source : Dion Global Solutions Limited
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