Late Shri K Ramachandra Raju – first generation entrepreneur established Nagarjuna Cements Ltd- the company and commenced business
IPO of 11,10,000 equity shares
Commercial production of cement at 66,000 tonnes started
Declared 20% dividend (12% interim + 8% Final )
Changed the name from Nagarjuna Cements Ltd to NCL Industries Ltd
Merger of Klayman Porcelains Ltd and Issue of shares at 2:5 to KPL shareholders. Commencement of cement production after expansion to 1,98,000 TPA
Rights – cum – Public issue of equity shares
Issued shares on right basis 1:5 at Par Commencement of Ceramic Unit – using natural gas for first time in the country
Commercial production of Cement Bonded Particle Boards in technical collaboration with Bison Werke, Germany.
Prefab Division executes orders worth Rs.2148 Lacs
Introduction of Laminated Cement Bonded Particle Boards – first time in the world
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