Sukhjit Starch and Chemicals Ltd.

YEAR                       EVENTS
 1943 - The Company was Incorporated at Phagwara (N.R.), Punjab.  The
        Company manufacture starch and oil.  At present, the Company
 is
        engaged in the manufacture of maize starch, dextrines and
 thin
        boiling starch.
 
 1947 - 29,915 Bonus Equity shares issued in prop. 1:2.
 
 1972 - 89,915 Bonus Equity shares issued in prop. 1:1.
 
 1979 - 1,79,830 Bonus shares issued in prop. 1:1.
 
 1981 - 1,19,887 Right Equity shares issued in prop. 1:3.
 
 1984 - 1,99,900 shares issued.
 
 1988 - 3,39,773 bonus equity shares issued.
 
 1992 - During November/December, the Company issued 5,09,660 No. of
        equity shares of Rs 10 each for cash at a premium of Rs 60
 per
        share to shareholders on Rights basis in the proportion 1:2.
 
      - Another 25,483 No. of equity shares of Rs 10 each were issued
 to
        employees' on an equitable basis (only 25,475 shares taken
 up).
 
      - Vijoy Steel & General Mills Co. Ltd., & Sukhjit Finance Ltd.,
 are
        subsidiaries of the Company.
 
 1993 - The Company undertook to set up a project for the manufacture
 of
        dextrose monohydrate with an installed capacity of 2000 TPA.
        Orders for plant and machinery were placed and the plant was
        commissioned by 31st March, 1995.
 
      - 15,54,555 bonus shares issued in prop. 1:1.
 
 1994 - As per the meeting held on 2nd June, the Company proposed to
        issue 6,00,000 No. of equity warrants to promoters.  The
 warrant
        entitles the holder to acquire one equity share of Rs 10 each
        for cash at a premium of Rs 50 per share.
 
 1997 - 5,81,000 No. equity shares of Rs 10 each at a prem. of Rs 50
 per
        share issued.
 
 2003
 
 -Dextrin plant catches fire on Oct 19, results in Rs 1 million loss
 
 -Approved the Delisting of equity shares of the Company from the
 Delhi Stock Exchange Association Ltd and Ludhiana Stock Exchange
 Association Ltd.
 
 2006
 
 -Sukhjit Starch & Chemicals has given the Bonus in the Ratio of 1:1
 
 2007
 
 -Sukhjit Starch & Chemicals Ltd has recommended a dividend @ 40%
 
 2008
 
 -Sukhjit Starch & Chemicals Ltd has recommended a dividend @ 50%
 
 2009
 
 -Sukhjit Starch & Chemicals Ltd has recommended a dividend @ 40%
 
 2010
 
 -Sukhjit Starch & Chemicals Ltd has recommended a dividend @ 60% i.e
 Rs 6/-per equity share 
 
 -Sukhjit Starch & Chemicals Ltd has approved the interim dividend @
 40% i.e. Rs. 4/- per equity share 
 
 2011
 
 -Sukhjit Starch & Chemicals Ltd has recommended final Dividend @ 40%
 i.e. Rs. 4/- per share
 
 2012
 
 -Sukhjit Starch & Chemicals Ltd has recommended Dividend @ 45% i.e.
 Rs. 4.50 per equity share
 
 -Company's Unit located at Malda (West Bengal) has been fully
 operationalised and the enhanced production has since started. 
 
 2013
 
 -The Company have recommended a dividend of 50% i.e. Rs. 5/- per
 equity share of the face value of Rs. 10/- each
 
 2014
 
 -The Company have recommended a dividend of 35% (i.e. Rs. 3.50 per
 equity share of the face value of Rs. 10/- each
 
 2019
 -The Company has issued Bonus Shares in the Ratio of 1:1.
 
 2022
 -Company has successfully commissioned Hydrogen Generating Plant from
 Biogas produced from biomass/ process effluent at its new
 manufacturing unit commissioned at Phagwara (Punjab).