Madhucon Projects Ltd
NSE: MADHUCON BSE: 531497
₹4.59
(3.38%)
Sun, 15 Mar 2026, 00:21 am
Market Cap329.13M
PE Ratio0
Dividend0
Industrial Services
Engineering & Construction
24.5KCompany History
1990
- The Company was originally incorporated on 15th March, as Madhu Continental Constructions Private Limited and took over the running construction business of M/s Madho Constructions, a partnership concern and executed projects on turnkey basis in different parts of the Country.
- The Company diversified into Coal Handling Plants, building of rail embankments, bridges, tunnels etc.
- The main promoters of the Company are Shri N. Seethaiah and Shri N. Krishnaiah.
- Shri N. Nageswara Rao joined the promoters and was inducted on the Board as the Managing Director of the Company.
1994
- The Company became a Deemed Public Limited Company under section 43(1)/(a) of the Companies Act 1956 in July, and subsequently the company was converted into public limited company on 27th March 1995 in terms of special resolution passed on 9th December 1994 under section 31(1)/44 of the companies Act, 1966.
- The Company was awarded the Quality Construction Award from Konkan Railway Corporation Ltd in the year, for its Outstanding Performance and Super Quality Construction.
1995
- The name was changed to Madhucon Projects Limited vide fresh Certificate of Incorporation dated 10th April.
- The Company has entered into Memorandum of Understanding with Bina Puri Holdings BHD, Malaysia for executing Highway.
- The Company has entered into an understanding with M/s Kilborn, Canada for tendering and prequalification for setting up of Coal Washery at Ananta - Bharatpur in Orissa and Sasti in Maharashtrs.
1996
- The Public Issue of 23,00,000 No. of equity shares of Rs.10/- each for cash at a premium of Rs.20/- per share aggregating Rs. 6,00,00,000/-.
1998
- The Company has got a contract from National Highways Authority of India, Ministry of Surface Transport, Government of India, New Delhi.
- The Company has been awarded a Tunnel work by Maharashtra Krishna Valley Development Corporation.
- The Company has already promoted a new Joint Venture Company on 28th April with 40% equity participation in collaboration, by name, MBN Anchored Earth Limited, jointly with Binapuri Holdings BHD, and Anchored Earth SDN BHD both of Malaysia to undertake construction of Bridges, Flyovers, Roads, and other Civil Engineering activities by Anchored Earth Wall Technology, as per collaboration agreement dated 27th October 1997.
1999
- The new joint venture company by name MBN Anchored Earth Ltd promoted jointly with Binapuri Holdings BHD and Anchored Earth SDN BHD have procured several orders in Andhra Pradesh, West Bengal and Haryana.
2004
- Shri N. Nageswar Rao ceased to be the Chairman, Managing Director and Director of the company on resignation.
- Shri S.V. Patwardhan has been co-opted as additional director and appointed as Managing Director.
2005
- Madhucon Projects enters into agreement with APHB
- Company has splits its Face value of Shares from Rs 10 to Rs 2
2006
- Madhucon join hands with NHAI for TN project
2007
- Madhucon Projects Quality Management Systems have been formally recognized to be compatible with ISO 9001:2000 Quality Management Systems and has been awarded ISO 9001:2000 Company by American Quality Assessors, (AQA) accredited to ANAB.
- Madhucon Projects has entered into Power Sector with 48% Equity participation in Simhapuri Energy Pvt Ltd
2008
- Madhucon Projects has recommended 30% dividend.
2009
- Madhucon Projects bags contract worth Rs196.24 crore from M/s. Northern Coalfields Ltd
- Madhucon JV bags US $ 3.9 Million order from Department of Roads, Government of Nepal.
- Company has splits its Face value of Shares from Rs 2 to Re 1
2010
- Madhucon bags 75 MW Hydro Power project from Uttarakhand Jal Vidyut Nigam
- Madhucon Bags EPC Contract of Rs. 1198 Crores for setting up of thermal power plant in Krishnapatnam South
- Madhucon Projects Ltd Bags 64 KMs of NHAI Annuity Project in Bihar
2011
- Madhucon Projects Ltd. bags 84 KMs of NHAI Annuity Project of around Rs. 1200 crores in West Bengal
- Madhucon Projects Ltd. Bags 163.50 KMs of NHAI Annuity Project of around Rs. 1500 Crores in Jharkhand
- Madhucon Bags 2 EPC Contracts of Rs. 201.99 Crores from Sardar
- Madhucon bags EPC Contract of Rs. 422.06 crores from Bharat Coking
2012
- The One and Only First Power Plant Developed & Owned by Madhucon, Near Krishnapatnam Sea Port in Nellore, Andhra Pradesh, Started Commerical Operations.
- Ms. Nutan Singh has joined the Company as Company Secretary & Compliance Officer of the company.
2013
- Madhucon Projects have recommended Dividend @ 10 Paise per equity share of Re. 1/- each.
2014
- Madhucon Project has recommended Dividend @ 20 paise per equity share of Re. 1/- each.
2015
- Madhucon Projects Ltd received the Letter of Award from National Highway Authority of India (NHAI).
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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