Cemindia Projects Ltd logo

Cemindia Projects Ltd

NSE: CEMPRO BSE: 509496

₹1310.10

+39.50 (3.11%)

Sun, 08 Nov 2026, 03:33 pm

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Market Cap (in Cr)23425.41
PE Ratio37.41
Dividend0.24
Industrial ServicesIndustrial Services
Engineering & ConstructionEngineering & Construction
24.5K24.5K

Cemindia Projects Ltd Company History

1978

1978

  • The company was incorporated on 24th June.
  • The certificate of commencement of Business was obtained on 6th November.
  • The company was formed to take over the Indian branch of the Cementation Company Limited, UK.

1979

1979

  • The company took over the Indian branch of the Cementation Company Ltd., UK through a scheme of Amalgamation.
  • Govt. approved arrangements for provision of technical know-how and services to the Company by Cementation Mining Ltd. (CML), Cementation Ground Engineering Ltd. and Cementation Pilling & Foundation Ltd.

1980

1980

  • 51 shares were issued to The Cementation Co., Ltd., U.K. and 49 shares to seven resident Indian Nationals.
  • 8,00,000 shares were issued at par through a prospectus.

1986

1986

  • The Company signed a technical collaboration agreement with a U.K. company.
  • A MOU was signed with an European company for technical support in specialised drilling.
  • The Govt. of India approved renewal of the existing collaboration agreement with Kvaerner Cementation Foundation Ltd., U.K. and Kvaerner Construction Ltd., U.K.

1987

1987

  • The R&D wing of the Company developed a light rig for using heavy drilling equipment.

1989

1989

  • The company executed contracts for providing small diameter crossings under roadways and railways.

1990

1990

  • The R&D division of the Company was recognized by the Department of Science and Technology, Govt. of India.

1991

1991

  • The R&D division assisted in developing equipment for marine piling work.

1993

1993

  • The Company entered the diagnostics market with the TECHNICON line of automated Chemistry and Haemotology systems.
  • The Chemicals Division was formed.

1994

1994

  • The name of the Company was changed from Cemindia Company Ltd. to Trafalgar House Construction India Ltd.
  • 4,80,000 Bonus shares were issued in prop. 3:5.
  • 12,80,160 bonus shares were issued in prop. 1:1.

1995

1995

  • The Company entered into a Collaboration Agreement with Trafalgar House Construction (Major Projects) Limited.

1996

1996

  • Kvaerner ASA acquired the whole of the share capital of Trafalgar House Plc.
  • The Company's working was affected by higher interest and depreciation costs.

1997

1997

  • The Company made a rights issue of equity shares at a premium of Rs. 190 per share.
  • The company had technical collaboration agreements with Kvaerner Cementation Foundations Limited, U.K. and Kvaerner Construction Limited, U.K.
  • The company bid for setting up a marine terminal at Dahej in Gujarat.

1998

1998

  • Cementation company was a subsidiary of Trafalgar House Plc, UK, later acquired in full by Kvaerner.

1999

1999

  • The Company was accredited with ISO 9002 for construction of Port and Harbour Structures.

2000

2000

  • Suni Shah Singh was appointed as full-time managing director.
  • Mr. M.G. Ranade resigned as Director but continued as Secretary.
  • Dr. S. Ram Iyer resigned as Managing Director but continued as Director and Deputy Chairman.
  • Investment Information and Credit Rating Agency retained the highest safety rating of `A1+' assigned to the debt instruments of Kvaerner Cementation India Ltd.

2001

2001

  • The company awarded the contract for 600-metre berth part of the Rs 450-crore container terminal to Kvaerner Cementation (India) Ltd.
  • Mr. M G Ranade retired as Company Secretary.
  • Mr. K M Thatte was appointed as Company Secretary and redesignated as Finance Director.

2002

2002

  • Mr. Robert Anthony Wallace was appointed as an Additional Director and Chairman of the Board.

2003

2003

  • K E Clarke resigned as Director.
  • Mr. Nasser Munjee was appointed as an Additional Director.
  • Mr. Per Hofvander and Mr. Staffan Levin were appointed as Additional Directors.

2005

2005

  • The company changed its name from Skanska Cementation India Ltd. to ITD Cementation India Limited.

2007

2007

  • Mr. Deba Prasad Roy and Mrs. Parizad Pervez Mistry were appointed as Additional Directors.
  • The company issued rights in the ratio of 1:1 at a premium of Rs. 415/- Per Share.
  • The Registered Office of the Company was shifted to 1st Floor, Dani Wooltex Compound, 158, Vidyanagari Marg, Kalina, Santacruz (East), Mumbai 400 098.

2009

2009

  • Mr. Adun Saraban was appointed as an Additional Director and Whole-time Director.

2010

2010

  • ITD Cem Joint Venture bagged the major Jaipur Metro Project from DMRC.
  • Mr. Adun Saraban was appointed as Managing Director of the Company.

2011

2011

  • ITD Cementation recommended a dividend of Rs. 1.50 per share.

2012

2012

  • ITD Cementation recommended a Dividend of Rs. 2.00 per share.
  • The Registered Office of the Company was shifted to National Plastic Building, A-Subhash Road, Paranjape B Scheme, Vile Parle (East), Mumbai-400057.

2013

2013

  • ITD Cementation bagged orders of over Rs. 1,500 Crores in the first quarter.
  • ITD Cementation bagged an order for Rs. 546 Crore from DMRC in its Joint Venture.
  • The Board of Directors recommended a dividend of Rs. 2.00 per share.

2014

2014

  • The Board of Directors recommended a dividend of Rs. 1.00 per share.

2015

2015

  • ITD Cementation bagged a Rs 2,168 cr JNPT order from BMCT.
  • ITD Cementation India split its face value from Rs. 10 to Rs. 1.

2022

2022

  • ITD Cementation India won orders worth Rs 1755 crore.

2024

2024

  • The Company entered into a Share Purchase Agreement with Renew Exim DMCC.
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