Citadel Realty & Developers Ltd
NSE: BSE: 502445
₹37
(-5.10%)
Fri, 27 Feb 2026, 00:10 am
Market Cap311.44M
PE Ratio21.84
Dividend1.33
Company History
1960
- The Company was incorporated on 26th July at Mumbai.
- 12,750 shares were issued to directors and 12,250 shares were offered at par to the public.
1967
- 5,000 bonus shares were issued in proportion 1:5.
1974
- 30,00,000 Bonus equity shares were issued in proportion 1:1.
1979
- 36,000 Bonus equity shares were issued in proportion 3:5.
1989
- The closure of the writing/printing machine and board machine affected overall production.
- Industrial licence for the company's non-ferrous metals and alloys project was received.
- Equity shares were subdivided and 6,40,000 bonus equity shares were issued.
1991
- The overall working was affected due to the devaluation of Rupee and escalation in input costs.
- Implementation of the second phase of secondary treatment plant for effluent and renovation of the electrical switch yard were completed.
- The Company issued 2,00,000 - 14% non-convertible debentures of the aggregate face value of Rs.200 lakhs on private placement basis to UTI.
1992
- The company issued 2,00,000 - 14% secured redeemable non-convertible debentures of Rs.100 each on private placement with UTI.
1993
- The Company undertook a programme for improvement of quality of paper and paper boards.
- The improvement was due to better market conditions for paper board and coated paper.
1994
- The Company's performance improved due to better market conditions and cost efficiency measures.
- The Company proposed to double the total production capacity and manufacture value added products.
1995
- Production was affected due to water shortage and labour problems.
- A plant was being set up to generate electricity by installing wind turbine generators.
1996
- The overall performance of the Company was affected due to shutdown of the Board Machine for modernisation and increased costs.
1997
- The Company undertook to install a new bagasse fired boiler and a diesel generating set.
2007
- Rohit Pulp & Paper Mills Ltd appointed Mr. Sundaram Ramamurthi and Mr. Nilesh Dand as additional Directors.
2009
- The Company name was changed from Rohit Pulp & Paper Mills Ltd to Citadel Realty & Developers Ltd.
2010
- The Company appointed Mr. Chetan R. Shah as an Additional Director.
- The Registered Office of the Company was shifted to 'FUTUREX', N. M. Joshi Marg, Lower Parel, Mumbai.
2012
- Citadel Realty & Developers appointed Mr. S. Ramamurthi as Chief Executive Officer of the Company.
2013
- Citadel Realty & Developers-Bigshare Services Private Limited was appointed as the new Registrar and Share Transfer Agents.
2014
- Citadel Realty & Developers appointed Mr. V. Ranganthan as an Additional Director.
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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