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KSE > Company History > Edible Oils & Solvent Extraction > Company History of KSE - BSE: 519421, NSE: KSE
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KSE

BSE: 519421|NSE: KSE|ISIN: INE953E01014|SECTOR: Edible Oils & Solvent Extraction
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Nov 14, 16:00
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VOLUME 671
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Company History - KSE
YEAR                       EVENTS
 1963 - Kerala Solvent Extractions Limited was incorporated on 25th
        September.  It was promoted by K.L. Francis, M.C. Paul, T.O.
 Paul
        and A.P. George.  The main objects of the company was
 extraction
        of oils, rice brain oil and deoiled cakes.
 
      - The Company had set up 40 TPD solvent extraction plant at
        Irinnalakuda.
 
 1976 - The Company had establishment 60 TPD cattle feed plant.
 
 1980 - The capacity of solvent extraction plant was increased to 60
 TPD.
 
 1986 - The Company undertook to set up 100 TPD solvent extraction
 plant
        and 150 TPD cattle feed plant at Swaminathapuram.
 
 1987 - 40,000 No. Equity shares of Rs 100 each issued, subscribed
 and
        paid up.  20,000 rights equity shares issued in prop. 1:2. 
 Only
        19,718 shares taken up.
 
 1988 - 100 MT per day cattle feed plant at Swaminathapuram was
        commissioned.
 
 1991 - 59,718 bonus shares allotted in the prop. 1:1.
 
 1992 - The Company expanded the capacity of the solvent extraction
 plant
        to 110 TPD.  The Company made the public issue to get the
 shares
        listed in the Stock Exchange.
 
      - Equity shares subdivided.  11,97,180 bonus shares issued in
 the
        prop. 1:1.
 
 1993 - 80 No. of equity shares allotted.
 
 1994 - 8,11,200 No. of equity shares of Rs 10 each at a premium of Rs
 20
        per share issued to the public during May 1994.
 
 1995 - The Company started marketing Refined Sunflower Expeller 0:1
        under KS SUPREME brand for domestic consumption.
 
 1996 - The name of the Company was changed from Kerala Solvent
        Extractions Ltd. to the present with effect from 22nd
 November.
 
 
 2004
 
 -KSE bags productivity award
 
 2007
 
 -KSE Ltd has appointed Mr. Jose Paul Thaliyath as Additional Director
 in terms of Section 260 of the Companies Act, 1956.
 
 2011
 
 -KSE Ltd has recommended a dividend @ Rs. 10.00 per equity share
 
 2012
 
 -KSE Ltd has recommended a dividend @ Rs. 11.00 per equity share
 
 2013
 -KSE have recommended a dividend at the rate of Rs. 10.00 per equity
 share of Rs. 10 each.
 
 2014
 -KSE has  recommended dividend at the rate of 200% (Rs. 20.00 per
 equity share of Rs. 10 each).
Source : Dion Global Solutions Limited
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