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Citadel Realty & Developers Ltd logo

Citadel Realty & Developers Ltd

NSE: BSE: 502445

₹37

(-5.10%)

Fri, 27 Feb 2026, 00:10 am

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