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Veljan Denison Ltd
NSE: BSE: 505232
₹1040.30
(3.14%)
Mon, 25 May 2026, 05:20 pm
Market Cap4.57B
PE Ratio18.67
Dividend0.84
Producer Manufacturing
Industrial Machinery
24.5KCompany History
1973
- The company was incorporated with an objective to manufacture and distribute hydraulic motors, pumps, and valves, promoted by Sri V C Janardan Rao.
1987
- Abex Corporation transferred their interest in the Denison Division to M/s AB Hagglund & Soner of Sweden, and the Denison Division came to be known as Hagglunds Denison.
2001
- The company's name was changed from Hagglunds Denisons Ltd to Denison Hydraulics India Ltd.
2006
- Sri Gopi Kishan Kabra was appointed as an additional director of the company.
2008
- Mr. Kumar Tipirneni was appointed as a director of the company.
- Members reappointed Mr. V Pattabhi and Mr. R C Sohni as directors.
2009
- Denison Hydraulics recommended a Dividend @ 50%.
2010
- The company changed its name from Denison Hydraulics India Ltd to Veljan Denison Ltd.
- Veljan Denison recommended a Dividend @ 50%.
2011
- Veljan Denison Ltd issued Rights in the Ratio of 1:4.
2012
- Veljan Denison has recommended a Dividend @ 75%.
2013
- The Board recommends a Dividend of Rs 7.50.
2024
- The Company has issued Bonus Shares in the Ratio of 1:1.