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Murudeshwar Ceramics Ltd

NSE: MURUDCERA BSE: 515037

₹32.68

(-0.61%)

Tue, 03 Mar 2026, 03:24 pm

Company History

1983

  • The Company was incorporated on 29th June, in Karnataka.
  • The Company entered into a technical and financial collaboration agreement with M/s. Klingenberg Dekoramik, GmbH, W. Germany.

1987

  • 25 equity shares were subscribed for by signatories to the Memorandum of Association.
  • 44,99,975 No. of equity shares were issued at par.

1988

  • The Company was the first to introduce whispering and linen weave effect tiles in the market.
  • The Company proposed to double the installed capacity to 25,000 TPA involving a capital outlay of Rs 700 lakhs.

1990

  • 90,000-14% fully convertible debentures of Rs 150 each were offered on Rights basis.
  • 4,500-14% convertible debentures were offered to employees on an equitable basis.
  • 2,100 shares were forfeited.
  • 5,21,245 shares were allotted at par in conversion of debentures.

1992

  • 2,59,177 shares were allotted in conversion of Part `B' of debentures.
  • The Company introduced `Plaza', `Galaxy' and Symphony Series of Ceramic tiles.

1993

  • 26,60,000 No. of equity shares of Rs 10 each were issued for cash at a premium of Rs 50 per share on Rights basis.
  • 9,00,000-16% secured redeemable partly convertible debentures of Rs 180 each were issued on Rights basis.
  • Tiles in many new designs and colours were introduced.

1994

  • 1,77,690 right shares not taken up were allotted.
  • 2,042 shares forfeited.

2004

  • Murudeshwar Ceramics have recommended dividend at Re 1 per share of nominal face value of Rs 10 each.
  • Shri K Jairaj has been appointed as an Additional Director of the company.

2005

  • Shri I. M. Vittala Murthy has been appointed as a Director of the company.
  • Shri. Sadanand V. Nadig has been inducted as an Additional Director of the company.

2006

  • Murudeshwar Ceramics commences commercial production of Glazed Ceramic Tiles
  • Shri K Sundar Naik has been appointed as Additional Director of the company.

2007

  • Murudeshwar Ceramics has recommended Dividend @ 20%

2008

  • Dr. S S Hiremath has been appointed as an Additional Director on the Board of the Company
  • Murudeshwar Ceramics has recommended dividend at 12%

2009

  • Murudeshwar Ceramics has recommended dividend of Re 0.60

2010

  • Murudeshwar Ceramics Ltd Issues Rights in the Ratio of 1:1

2011

  • Mr. Annappayya Kundapur has been appointed as an Additional Director on the Board of the Company.

2012

  • Murudeshwar Ceramics Appointed Mr. Keremane Sankappa Shetty as Additional Director of the Company.

2014

  • Murudeshwar Ceramics appointed Mrs. Sarvani Alva as Additional Director on the Board of the Company.

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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