Walchand Peoplefirst Ltd
NSE: BSE: 501370
₹129
+1.30 (1.02%)
Thu, 22 Oct 2026, 09:00 pm
Market Cap (in Cr)37.08
PE Ratio8.32
Dividend1.57
Commercial Services
Miscellaneous Commercial Services
24.5KWalchand Peoplefirst Ltd 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.
