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Keerthi Industries Ltd
NSE: BSE: 518011
₹41.50
(3.75%)
Sun, 20 Sept 2026, 11:53 am
Market Cap (in Cr)33.27
PE Ratio0
Dividend0
Non-Energy Minerals
Construction Materials
24.5KCompany History
1982
- The company was incorporated on 17th May at Hyderabad, promoted by V.C. Brahmanna.
- The company's object is to manufacture ordinary Portland cement.
1985
- 880,000 shares were taken up by promoters, and 420,000 shares were allotted to APIDC.
- 1,500,000 shares were issued at par, with 600,000 shares reserved for preferential allotment to NRIs.
- Only 163,300 shares were taken up by NRIs, and the balance was offered for public subscription.
1988
- The plant could not be operated at full capacity due to power cuts of up to 40%.
1989
- The company came under the provisions of the Sick Industrial Companies (Sp. Provisions) Act, 1985.
1990
- The company installed a 1000 KVA DG set, commissioned in January.
- Financial institutions approved a plan to expand the capacity to 300 tonnes per day.
1991
- 2,095,150 equity shares were allotted at par as rights and to employees.
1992
- The company offered 18,00,000 rights equity shares for cash at par.
- Additional 2,70,000 shares were allotted to retain oversubscription.
- 90,000 shares were offered to employees, with 25,150 shares taken up.
1994
- The company entered into a marketing tie-up with Associated Cement Companies Ltd.
- The company proposed to enhance the capacity of its Rotary Kiln mini plants to 600 tonnes per day.
2005
- The company changed its name from Suvarna Cements Ltd. to Keerthi Industries Ltd.
2008
- The company created an exclusive email ID for registering investor complaints.
2017
- The company commenced operations of its Waste Heat Recovery Project.
2021
- The company sold its wind power business for Rs. 2.52 cr.