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Walchand Peoplefirst Ltd

NSE: BSE: 501370

₹105

(1.69%)

Thu, 19 Mar 2026, 01:24 am

Company History

1920

  • The company was incorporated on 6th July at Mumbai.
  • The Company took the dealership of OTC Exchange of India Ltd.
  • The Company bought the shares of Vikhroli Metal Fabricators Ltd.

1935

  • The name of the Company was changed from Tata Construction Co. Ltd to The Premier Construction Co. Ltd.

1947

  • 1,12,500-4 - 1/2% III Pref. shares were issued as Bonus to the shareholders.

1948

  • Further 3,37,500-4 - 1/2% III Pref. shares were issued as Bonus to the shareholders.

1961

  • 35,000 Promoters shares were converted into 11,666 No. Equity shares.
  • 43,333 Bonus Equity shares were issued in the proportion 1:2.

1965

  • 43,333 Right Equity shares were issued at par in the proportion 1:3.

1966

  • The Company promoted Walchand Tandur Cement Co. Ltd.
  • The face value and paid-up value of Equity shares increased from Rs 30 to Rs 50 per share.
  • 34,333 Bonus Equity shares were issued in the proportion 1:5.

1970

  • The face value and paid-up value of Equity shares increased from Rs 50 to Rs 60 per share.

1984

  • The face value of equity shares increased to Rs 100 per share by capitalising Non-general reserves.

1989

  • The Company's subsidiary Hindustan Spun Pipes Ltd. was taken into members' voluntary winding up.

1991

  • 78,880 No. of Equity shares were issued to the promoters on preferential basis.
  • The Company entered into lease and hire purchase transactions.
  • The Company made an Issue of 4,00,000 14% Non-Convertible Secured Debentures.

1992

  • The Company repurchased 25,000 14% Non-Convertible Debentures and reissued them.

1993

  • The Company took the Dealership of O T C Exchange of India Ltd.

1994

  • The name of the Company was changed from The Premier Construction Co. Ltd. to Walchand Hindustan Ltd.

1995

  • The Registrar of Companies approved the proposal to change the name to WALCHAND HINDUSTAN LIMITED.

1996

  • The Company underwent restructuring to develop a sound corporate image.
  • Shri Ajit Gulabchand resigned as Managing Director.

1997

  • The name of the Company was changed from Walchand Hindustan Ltd. to Walchand Capital Ltd.

1998

  • ICRA reaffirmed its credit rating for the scheme at MA+.
  • Hindustan Construction Co. Ltd ceased to be a subsidiary.

1999

  • All shareholders of the Company were allotted two new equity shares each of the three transferee companies.
  • Mr. Bahubali Gulabchand was appointed as the Director of the Company and subsequently as the Chairman.
  • The Company received the Udyog Rattan Award and an Excellence Award.

2000

  • Walchand.com Ltd., a fully-owned subsidiary of Walchand Capital Ltd., launched MoneyPickle.com, a personal finance portal.

2003

  • Dale Carnegie Training announced the launch of its Indian operations in association with Walchand Capital.

2006

  • The Company changed its name from Walchand Capital Ltd. to Walchand Peoplefirst Ltd.
  • The Company recommended a final dividend of 5%.

2007

  • Walchand Peoplefirst Ltd appointed Ms. Poonam Barua as Additional Director.
  • The Company recommended a dividend of 10%.

2008

  • The Company recommended payment of final dividend at 10%.

2011

  • The Company split its Face value of Shares from Rs 100 to Rs 10.

2012

  • The Company recommended the payment of dividend of Re. 1 per equity share of Rs. 10/- each to the shareholders.

2013

  • Walchand Peoplefirst Ltd recommended the payment of dividend of INR 1 per Equity Share of INR 10/- each to the shareholders.

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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