Sahyadri Industries Ltd
NSE: SAHYADRI BSE: 532841
₹332
-13.75 (3.98%)
Thu, 22 Oct 2026, 09:01 pm
Market Cap (in Cr)379.62
PE Ratio8.12
Dividend1.15
Non-Energy Minerals
Construction Materials
24.5KSahyadri Industries Ltd Company History
1994
- Sahyadri Industries Ltd. was incorporated as New Sahyadri Industries Private Limited on 13th June.
1999
- The company became a deemed public company and the word 'private' was removed from its name on 19th March.
2001
- The company was converted into a Public Limited Company on 30th March.
2006
- The company's name was changed to Sahyadri Industries Limited on 1st February.
- The company launched its high-quality and high-security doors in the Gujarat market.
2007
- The company planned to set up an asbestos cement sheet unit at Mangrol in Surat district of Gujarat with an estimated cost of Rs. 301.6 million.
2008
- The company's board of directors approved an increase in authorized share capital from Rs. 11 crore to Rs. 12 crore.
- The board approved the issue of 13,00,000 equity shares and 7,00,000 convertible warrants.
2009
- The company's wind farm was identified as the best performing wind farm.
- The company recommended a final dividend of Rs. 2 per share.
- Mr. Suresh Mestry was appointed as a Non-Executive Independent Director.
2010
- The company recommended a final dividend of Rs. 3 per share.
2011
- The company's wind farm was identified as the best performing wind farm for the third consecutive time.
- The commercial production of Fibre Cement Roofing Sheets commenced at the company's Mahuvej plant.
- Mr. J. P. Patel was appointed as Executive Chairman, Mr. S. V. Patel as Managing Director, and Mr. P. L. Patel and Mr. V. L. Patel as Whole Time Directors.
- The company recommended a final dividend of Rs. 2 per share.
2012
- The company's wind farm was identified as the second best wind farm by the Indian Wind Power Association.
2013
- The company recommended a dividend of Rs. 2.50 per equity share of Rs. 10 each.
2014
- The company recommended a dividend of Rs. 0.50 per equity share of Rs. 10 each.
- Mr. Jaiwant Rege was appointed as the company's Secretary and Compliance Officer.
2019
- The company received GreenPro Ecolabel - Green Product Certification for its brand 'ECOPRO (Fibre Cement Board)' from CII-Godrej GBC, Hyderabad.
- The company's CRISIL rating was upgraded to A3.
2022
- The company successfully completed expansion of its plant situated at Perundarai in Tamil Nadu and commenced commercial production of Flat Sheet products.
