Cheviot Company Ltd
NSE: CHEVIOT BSE: 526817
₹990.10
(0.13%)
Wed, 18 Mar 2026, 00:38 am
Market Cap5.77B
PE Ratio8.26
Dividend0.50
Process Industries
Textiles
24.5KCompany History
1897
- The Company was incorporated on December 27 at Calcutta.
- The Company started manufacturing jute goods and HDPE goods.
1948
- 14,000 Bonus Equity shares were issued in the proportion 1:1.
1960
- 9,063 Pref and 28,000 No of Equity shares were issued without payment in cash to the members of Belevedere Jute Mills Co on its merger.
1961
- Belvedere Jute Mills Co Ltd was amalgamated with the Company with effect from 30th November.
1966
- Equity shares were subdivided.
- 19,000-9.1% Pref and 10,87,554 No of equity shares were issued to members of Budge-Budge Jute Mills Co Ltd and Cheviot Mills Co Ltd upon their merger.
1967
- The amalgamation of Budge Budge Jute Mills Co Ltd and Cheviot Mills Co Ltd with Delta Jute Mills Co became effective from 31st May.
1968
- The name of the Company was changed from Delta Jute Mills Co Ltd to Budge Budge Amalgamated Mills Ltd.
1975
- The name of the Company was changed from Budge Budge Amalgamated Mills Ltd to Cheviot Co Ltd.
1985
- The 6th Instalment of Rs 4.30 per Pref share was redeemed.
- Equity shares of Rs 3 each were subdivided into shares of Rs 1 each.
- 49,42,662 rights equity shares of Rs 1 each were issued at par in proportion 1:1.
- 2,59,676 additional equity shares were allotted.
1990
- Indian Citrates Ltd, formerly Caustic (India) Ltd, was a subsidiary of the Company.
1995
- The overall working was affected due to a lockout at plastic division which lasted for more than 8 months.
- The Company issued 20,00,000 ordinary shares of Rs 10 each for cash at a premium of Rs 60 per share.
- 12,50,000 shares were reserved for various institutions and employees.
1996
- The first phase of a new 100% Export Oriented Unit at Budge Budge for the manufacture of high grade industrial fabrics was set up.
- The overall working was affected due to a lockout at Plastic Division which lasted for more than 8 months.
- Elite (India) Ltd would become a subsidiary of the Company consequent upon allotment of shares.
1997
- Cheviot began modernising and diversifying into non-traditional items such as jute yarn, industrial and decorative fabrics.
- Cheviot increased its production capacity of industrial fabrics from six tonnes a day to 12 tonnes a day.
- Cheviot planned to install a few more balancing machines.
1999
- The company's operations were affected by an 81-day lockout at its mill and subsequent illegal cessation of work by a section of workers at its 100 per cent export oriented unit.
- Production was hit due to a strike from June 7 to August 26, 1998, at the company's Budge Budge facility.
- Cheviot Company Ltd planned diversifications into non-jute products to overcome losses accrued through its jute businesses.
2000
- Operations at the company's mill at Parganas (South), West Bengal, were suspended due to an indefinite strike by workers, but the strike was withdrawn with effect from April 23rd.
2004
- The strike called by the workers in the Jute Industry was called off and work at mills commenced from January 10, 2004.
2006
- Cheviot Company gave a bonus in the ratio of 1:2.
2007
- Cheviot Company declared an interim dividend on 45,11,250 Ordinary Shares of Rs 10/- each at 80% i.e. Rs 8/- per share.
2008
- Cheviot Company recommended a dividend at 100% i.e. Rs 10/- Per Share.
2010
- Cheviot Company recommended a dividend of Rs. 8/- Per Share.
2011
- Cheviot Company recommended a dividend of Rs. 12/- Per Share.
2012
- Cheviot Company recommended a dividend of Rs. 13/- Per Share.
2013
- Cheviot Company Ltd recommended payment of dividend on 45,11,250 Ordinary Shares of Rs. 10/- each at Rs. 15/- per share.
2014
- Cheviot Company Ltd recommended a dividend of Rs. 15/- Per Share on 45,11,250 Ordinary Shares.
2018
- The Company issued Bonus Shares in the Ratio of 1:2.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800