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SAHYADRI INDUSTRIES LTD.

20 December 2024 | 12:00

Industry >> Cement Products

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ISIN No INE280H01015 BSE Code / NSE Code 532841 / SAHYADRI Book Value (Rs.) 328.89 Face Value 10.00
Bookclosure 09/08/2024 52Week High 463 EPS 24.09 P/E 13.08
Market Cap. 344.81 Cr. 52Week Low 298 P/BV / Div Yield (%) 0.96 / 0.32 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
1994 - Sahyadri Industries Ltd. was incorporated on 13th June 1994 as New Sahyadri Industries Private Limited. 1999 - The company became a deemed public company and the word private was removed from its name on 19th March 1999. 2001 - The company was converted into a Public Limited Company on 30th March 2001. 2006 -The name of the company was changed to Sahyadri Industries Limited on 1st February - The company had launched its high quality and high security doors in Gujarat market. 2007 -The company was planning to set up an asbestos cement sheet unit at Mangrol in Surat district of Gujarat with an estimated cost of Rs.301.6 million. 2008 -Board of directors of the company had approved to increase the authorized share capital of the company from Rs. 11 crore to Rs. 12 crore. -Board had also approved to issue 13,00,000 equity shares and 7,00,000 convertible warrants. 2009 -The Company's wind farm has been identified to be the BEST PERFORMING WIND FARM among wind farms located in Maharashtra, Gujarat, Rajasthan and Madhya Pradesh. -The Company has recommended payment of final dividend at Rs 2 per share. -Sahyadri Industries Ltd has appointed Mr. Suresh Mestry as a Non Executive Independent Director of the Company. 2010 -The Company has recommended payment of final dividend at Rs. 3 per share 2011 -The Company's wind farm has been Identified to be the BEST PERFORMING WIND FARM for the third consecutive time among wind farms located In Maharashtra, Gujarat, Rajasthan and Madhya Pradesh -The commercial production of Fibre Cement Roofing Sheets at the Company's newly erected Mahuvej plant has been commenced. -Board of Directors has appointed Mr. J. P. Patel as a Executive Chairman and Mr. S. V. Patel as a Managing Director and Mr. P. L. Patel and Mr. V. L. Patel as Whole Time Directors of the Company. -The Company has recommended final dividend of Rs. 2/- per share. 2012 -The Company's wind farm has been identified by Indian wind Power Association to be the second BEST WIND FARM. 2013 -Company has recommended dividend at Rs. 2.50/- (i.e. 25%) per equity share of Rs. 10 each. 2014 -Sahyadri Industries has recommended dividend at Rs. 0.50/- (i.e. 5%) per equity share of Rs. 10 each. -Mr. Jaiwant Rege has been appointed as a Company Secretary and compliance officer of the Company. 2019 -The company has informed that , Company has received GreenPro Ecolabel - Green Product Certification for brand 'ECOPRO (Fibre Cement Board)' from 'CII-Godrej GBC, Hyderabad. -Sahyadri Industries Ltd Jumps 2 points CRISIL A3 Ratings 

2022 
-Company has successfully completed expansion of plant situated at Perundarai (Tamil Nadu) and commenced commercial production of Flat Sheet products.