No results for ‘’
Deccan Cements Ltd
NSE: DECCANCE BSE: 502137
₹569.10
(1.48%)
Fri, 26 Jun 2026, 07:19 pm
Market Cap (in Cr)798.43
PE Ratio27.89
Dividend0.11
Non-Energy Minerals
Construction Materials
24.5KCompany 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.