Mangalam Cement Ltd
NSE: MANGLMCEM BSE: 502157
₹908.85
(-0.49%)
Wed, 04 Mar 2026, 00:03 am
Market Cap24.99B
PE Ratio31.00
Dividend0.17
Non-Energy Minerals
Construction Materials
24.5KCompany History
1976
- The company was incorporated on 27th October.
- The company was promoted by Kesoram Industries & Cotton Mills Ltd.
- The Company started manufacturing portland cement by dry process.
1979
- 16 Equity shares were subscribed for by the signatories to the Memorandum and Articles of Association.
- 20,000 Pref. and 57,99,984 No. of equity shares were issued at par through a prospectus.
1985
- 10,00,422 shares were issued at par to Financial Institutions on conversion of loans.
- 200 forfeited shares were reissued or forfeiture on them annulled.
1986
- Forfeiture on 150 No. of Equity shares was annulled.
- 2,77,965 No. of equity shares were allotted to ICICI and 33,344 No. of equity shares to GIC and its subsidiaries.
1987
- The Production suffered a set back and declined slightly due to heavy power cut and shortfall in the availability of wagons for cement despatches.
- The Company installed diesel generator sets to tide over the shortage of power.
- The Company evaluated the offers received for supply of plant and machinery for expansion of capacity.
- The Company examined the feasibility of setting up a new plant of 2,000 tonnes per day capacity.
1988
- Buildings, plant, machinery and railway siding of the Company were revalued as on 1st January.
1989
- Production of cement declined to 3,71,658 tonnes on account of plant shutdown for 37 days.
- The Japanese generating set with a capacity of 5.4 MW was commissioned.
- The Company decided to instal a new grassroot plant of 6 lakh TPA capacity at the existing site.
- 5,300 forfeited equity shares were reissued.
1992
- The Company issued 42,67,038 No. of equity shares of Rs 10 each at a premium of Rs 50 per share on rights basis.
- 50,000 No. of equity shares of Rs 10 each at a premium of Rs 50 per share were offered to the employees.
1994
- 35,00,000 No. of Equity shares of Rs 10 each were allotted to Financial Institutions and Mutual Funds on private placement basis.
1996
- Severe power cut resulted in closure of Mangalam Cement Kiln for the month of December.
1997
- The Company's performance was affected due to sluggish market conditions and unremunerative realisations.
- The Company proposed to expand the plant capacity by installing a pre-calcinator.
- The Company received a letter of intent to increase the capacity from 4,00,000 tonnes per annum to 6,00,000 tonnes per annum.
- The Company applied for a letter of intent to manufacture acrylic fibre and acrylonitrile.
- The Company decided to import a D.G. set of 5.4 MW from Japan.
1998
- The Company issued 133,80,179-14% optionally convertible cumulative preference shares on rights basis.
2000
- The networth of the company was totally eroded and it became a sick company under SICA, 1985.
2004
- The company received Rs 119 cr dues waiver under One Time Settlement deal with nine of the company's eleven lenders.
2009
- Shri. Anshuman Vikram Jalan and Smt. Vidula Jalan were appointed as Additional Directors on the Board of the Company.
2010
- The company board approved investment of Rs. 44 Cr for setting up of 5 wind mills with a total capacity of 7.5 MW.
- Mangalam Cement okays merger of sister firm with itself.
2011
- Mangalam Cement Ltd recommended dividend of Rs. 6 per share for the year ended March 31, 2011.
2012
- Mr. Anil Kumar Mandot was appointed as Joint President (Commercial) of the Company.
2013
- Clinker production was further enhanced by 0.5 MTPA in November.
- Mr. Amal Ganguli was appointed as an Additional Director of the Company.
2014
- A new cement grinding mill of 1.25 MTPA was commissioned.
- The overall Cement Capacity was enhanced from 2.00 MTPA to 3.25 MTPA.
- The Company won First prize for Publicity and Propaganda during the Mines Environmental and Mineral Conservation Week 2013-14.
2016
- Mangalam Cement commences commercial production in Aligarh.
2020
- Waste heat Recovery plant of 11MW was commissioned at Morak, Rajasthan.
- Mangalam Cement Limited received National Safety Council's NSCI safety Award 2019 - Sarvasherstha Suraksha Puraskar.
2021
- Amalgamation of Mangalam Timber Products Ltd with Mangalam Cement Ltd.
Open Your Free Demat Account Now!
Facebook
Twitter
Instagram
LinkedIn
Youtube
Calculators
Popular Calculators
Group Stocks
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