Chrome Silicon Ltd
NSE: BSE: 513005
₹39.58
-0.03 (0.08%)
Fri, 23 Oct 2026, 07:11 pm
Market Cap (in Cr)18.02
PE Ratio0
Dividend0
Non-Energy Minerals
Other Metals/Minerals
24.5KChrome Silicon Ltd Company History
1981
- The company was incorporated on 3rd October in Hyderabad.
- The company was promoted by J.S. Krishna Murthi, A. Sudhakar and M.V. Subba Rao with Andhra Pradesh Industrial Development Corporation Limited as co-promoters.
- The main object of the company is to manufacture Ferro Silicon.
1983
- 6,80,000 shares were taken up by promoters and 3,70,000 shares were allotted to APIDC.
1984
- 8,00,000 shares were issued at par and 1,50,000 shares were offered on a preferential basis to NRIs.
1986
- The company proposed to install a 6.8 MVA DG set to augment the power shortage.
1988
- The company received re-endorsement of its licensed capacity to manufacture 36,000 tonnes per annum of low phosphorous pig iron.
- 11,800 shares were forfeited and subsequently forfeiture on 1,100 shares was annulled.
1989
- The company examined the possibility of modifying the Russian furnace to manufacture other metallurgical products.
- A state-of-art ladle refining equipment and micro-processor based testing facilities were set up in collaboration with M/s. Elkeen Metallurgy a/s Norway.
- 1,48,000-14% fully convertible debentures were offered on Rights basis.
- 7,400-14% fully convertible debentures were issued to employees.
1990
- 7,400-14% fully convertible debentures were automatically converted into equity shares.
- 2,29,000-14% secured partly convertible debentures were issued through a prospectus.
- Forfeiture on 2,750 shares was annulled.
- 21,90,420 shares were allotted in conversion of debentures.
1991
- 3,710 shares were allotted in conversion of debentures.
1992
- 2,320 shares were allotted in conversion of debentures at a premium of Rs.20 per share.
- Forfeiture on 2,650 shares was annulled.
1993
- The overall performance suffered due to non-availability of power from APSEB.
2004
- Techtran Polylenses entered into an MOU with VBC Ferro Alloys Ltd to purchase 1,34,000 equity shares of AP Gas Power Generation Corporation Ltd.
- The company recommended a dividend of 10%.
2005
- The company recommended a dividend of 20% on the paid up equity share capital.
2006
- The company recommended a dividend at the rate of 10% on the paid up equity share capital.
2007
- The company recommended a dividend of 20% on Equity Shares of Rs 10.
2008
- The company recommended a dividend of 20% on 41,94,350 Equity Shares of Rs 10.
- Shri. G Narayanan was appointed as an additional director of the Company.
2009
- The company recommended a dividend of 20%, i.e. Re 2 per equity of Rs 10.
2010
- The company recommended a dividend of Rs. 2.50 per equity share of Rs. 10.
2012
- The company recommended a dividend of Rs. 3 per equity share of Rs. 10.
2014
- Mr. V. S. Rao was appointed as an Additional Director of the Company.
2024
- The company name was changed to Chrome Silicon Ltd. from VBC Ferro Alloys Ltd.
