Kaira Can Company Ltd
NSE: BSE: 504840
₹1427
(0%)
Thu, 15 Oct 2026, 11:19 pm
Market Cap (in Cr)131.59
PE Ratio58.27
Dividend0.84
Process Industries
Containers/Packaging
24.5KCompany History
1962
- The Company was Incorporated on 1st March, at Mumbai as a private company.
- The Company entered into a 5 year technical collaboration agreement with Lubecawerke GmbH, West Germany.
1967
- The Company was made a public company on 27th April.
- 7,524 No. of equity shares were subscribed for by Poysha Industrial Co., Ltd.
1970
- Negotiations were finished for a technical collaboration agreement with American Can Company for a period of 10 years.
1972
- 5,000 Bonus equity shares were issued in the prop. 1:2.
- Government approval for the technical collaboration agreement with American Can Company was received.
1976
- 4,500 right equity shares were issued at par in prop. 3:10.
1977
- 19,500 right equity shares were issued at par in prop. 1:1.
1978
- 19,500 right equity shares were issued at par in prop. 1:1 in January.
1979
- The Company's collaborators, American Can Co. U.S.A., offered a used printing/coating line.
- The expansion from 30 to 60 million numbers per annum was completed.
- The Company applied for further expansion of the capacity to 120 million numbers per annum.
- Pref. shares were redeemed on 24th June.
1980
- The capital goods licence for used printing line was received.
- The Company was permitted to expand its capacity from 60 million containers per annum to 18,000 tonnes tin-plate per annum.
- 15,600 bonus shares were allotted in prop. 2:5 on 5th March.
- Pref. shares were redeemed on 24th June.
1981
- Equity shares were subdivided.
- 3,27,600 bonus equity shares were issued in prop. 3:5.
1982
- Despite demand recession, sales and profits could be maintained.
- The first phase of the expansion project of 18,000 tonnes tin plate per annum was commissioned at Mehsana and Kanjiri.
1983
- Sales recorded an increase mainly due to higher sales realisation and also partly due to higher volume of production.
1985
- Margins came under pressure due to high interest charges arising out of expansion and modernisation programme.
1986
- The improved turnover was mainly due to supplies made to edible oil industry and exports of printed sheets and components to the Middle East.
1987
- The improved turnover was mainly due to better realisation of its products and by higher volume of production.
1990
- Sales declined due to continuous erosion in the Rupee value.
- 1,50,000 - 14% secured redeemable non-convertible debentures of Rs.100 each were issued on private placement basis.
2003
- The Board approved a rights issue of equity shares of Rs 10 each at a premium of Rs 90 per share in the ratio of 1:18.
2007
- Mr. A B Kulkarni and Mr. K Jagannathan were appointed as Additional Directors on the Board of the Company.
2008
- E-mail ID for Investors Grievances was set up as [email protected]
2010
- The company recommended an equity dividend of Rs. 2.50 per share.
2013
- The Company have recommended a final dividend of Rs. 5.00 per share.
- Mr. Kirat M. Patel and Mr. Vinod J. Mehta were appointed as Additional Directors on the Board of the Company.
- Mr. Shishir K. Diwanji was appointed as an Additional Director on the Board of the Company.
2014
- The Company appointed Mr. Shishir K. Diwanji as the Chairman of the Company.
- The Company have recommended a final dividend of Rs. 5.00 per share.
- The Company designated Mr. A. B. Kulkarni as Managing Director.
- The Company designated Mr. K. Jagannathan as Whole Time Director & Chief Financial Officer.
- The Company designated Mr. Hiten Vanjara as Company Secretary.
- The Company received Credit Rating from ICRA Ltd.
