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International Combustion (India) Ltd logo

International Combustion (India) Ltd

NSE: BSE: 505737

₹428.95

(0.50%)

Wed, 04 Mar 2026, 04:06 pm

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Company History

1936

  • The company was incorporated on 22nd April to manufacture grinding mills, vibratory screens and other equipment.

1989

  • The company entered into a collaboration with Gummi Kuper GmbH of West Germany for manufacture of rubber and polyurethane screen decks and liners.

1990

  • The company completed upgradation of electro magnetic feeders technology in collaboration with Carl Schenck AG of Germany and commenced commercial production.
  • The foreign holder sold their stock to NRI Directors.

1992

  • The company diversified into manufacturing gear boxes, geared motors and electrical motors with technical collaboration.

1993

  • 7,20,206 15% Secured Redeemable Non-Convertible Debentures were allotted.

1994

  • 7,09,458 equity shares were allotted to warrantholders who exercised their rights to equity entitlement.

1995

  • The company entered into a new licence agreement with Mogensen GmbH & Co. Germany for manufacture of flip flop screens.
  • Mr. S. Bagaria and Mr. A.K. Ghose retired by rotation and offered themselves for reappointment.

1996

  • The company finalised an agreement with Uniroyal Chemical, U.S.A. for jointly developing the Indian market for polyurethane products.

1997

  • The company developed a range of specialised and energy efficient material handling equipment.
  • The company developed a state of art computerised motor test system.

1998

  • The Bauer Division was awarded ISO 9002 certification for gear boxes and geared motors.
  • Mr. S. Bagaria and Mr. R. L. Gaggar retired by rotation and offered themselves for reappointment.

1999

  • The company introduced Mogensen Sizers and Girdle Pocket Elevators in the sugar industry.
  • The operations of the Bayer Division, Aurangabad were suspended due to a strike by employees.
  • Mr. S. Saha was appointed as a Wholetime Director of the company.

2000

  • The company entered into an arrangement with Allagaiers of Germany for obtaining designs for manufacture and sale of dryers, coolers and granulators.
  • Mr. S. Bagaria and Mr. R. L. Gaggar retired by rotation and offered themselves for reappointment.
  • Debenture repayment schedules were rescheduled for certain debentureholders.

2011

  • The company's Registered Office was shifted to Infinity Benchmark, 11th Floor, Plot No. G-1, Block EP & GP, Sector V, Salt Lake Electronics Complex, Kolkata.

2012

  • The company recommended a dividend of 50% per equity share.
  • The company entered into a Memorandum of Understanding with Allgaier Werke GmbH for a Joint Venture Company.

2013

  • International Combustion India Ltd recommended a dividend of Rs. 5/- per equity share.

2014

  • International Combustion India Ltd recommended a dividend of 15% per equity share.

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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