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Deccan Cements Ltd logo

Deccan Cements Ltd

NSE: DECCANCE BSE: 502137

₹738.25

(-2.19%)

Tue, 10 Mar 2026, 09:41 am

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Company History

1979

  • The Company was incorporated on 31st July at Hyderabad.
  • The company was promoted by M. Bangar Raju and Seker.
  • The company started manufacturing cement.

1981

  • 4,65,000 shares were subscribed for by promoters.
  • 1,95,000 shares were taken up by APIDC.
  • 9,90,000 shares were offered at par to the public.

1983

  • 33,50,280 premium shares were issued to shareholders at Rs 34 per share.

1984

  • The company decided to modernise its plant by introducing the latest reinforced suspension preheater technology.
  • The company undertook a scheme for energy conservation by installation of `O' SEPA equipment.
  • A Memorandum of understanding was signed with state Industries and Investment corporation of Maharashtra Ltd. for setting up a cement plant.

1987

  • The Company received a letter of intent for enhancing the capacity from 99,000 tonnes to 1,98,000 tonnes per annum.

1990

  • The plant was shut down for 3 months for implementation of the modernisation-cum-expansion scheme.
  • The modernisation-cum-expansion scheme was not commissioned in time due to delay in securing additional power connection and coal linkage.

1992

  • The Company offered 8,25,000-15% secured redeemable partly convertible debentures to equity shareholders.
  • 41,250 -15% partly convertible debentures were offered to employees.

1993

  • 8,25,000 partly convertible debentures were issued as Rights basis.
  • Part A of Rs 40 was converted into 1 equity share of Rs 10 at a premium of Rs 30 per share.
  • Part B of Rs 60 was to be redeemed in equal instalments at the end of 6th, 7th & 8th year from date of allotment.

1994

  • 6,00,000 shares were issued to a corporate body on private placement basis.
  • 4,00,000 equity shares were allotted on private placement basis to shareholders of DCL Polyesters Ltd.
  • 35,01,875 bonus equity shares were issued in proportion 1:1.

1995

  • The Company commissioned a 0.9 Mw Wind Farm project at Ramagiri.

1996

  • The Mini Hydel Project at Narasaraopet was commissioned.

1997

  • The company undertook to convert extruder lines into direct spinning lines and install additional spinning lines.

2001

  • The Company signed an agreement for dematerialisation with CDSL, NSDL and Karvy Consultants Ltd.

2009

  • Sri. J Narayanamurthy was appointed as Additional Director.

2010

  • Mr. K. P. Singh was appointed as an Additional Director.

2011

  • Mr. S. A. Dave was appointed as an Additional Director.

2012

  • Deccan Cements recommended a dividend of Rs. 3 per share.

2013

  • Deccan Cements recommended a dividend of Rs. 2 per equity share.

2014

  • Deccan Cements recommended a dividend of Rs. 1.20 per equity share.

2017

  • The Company split its face value from Rs. 10 to Rs. 5.

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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