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Sahyadri Industries Ltd. Company History and Annual Growth Details

1994 - Sahyadri Industries Ltd. was incorporated on 13th June 1994 as New Sahyadri Industries Private Limited.

1999 - The company became a deemed public company and the word private was removed from its name on 19th March 1999.

2001 - The company was converted into a Public Limited Company on 30th March 2001.

2006

-The name of the company was changed to Sahyadri Industries Limited on 1st February

- The company had launched its high quality and high security doors in Gujarat market.

2007

-The company was planning 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

-Board of directors of the company had approved to increase the authorized share capital of the company from Rs. 11 crore to Rs. 12 crore.

-Board had also approved to issue 13,00,000 equity shares and 7,00,000 convertible warrants.

2009

-The Company's wind farm has been identified to be the BEST PERFORMING WIND FARM among wind farms located in Maharashtra, Gujarat, Rajasthan and Madhya Pradesh.

-The Company has recommended payment of final dividend at Rs 2 per share.

-Sahyadri Industries Ltd has appointed Mr. Suresh Mestry as a Non Executive Independent Director of the Company.

2010

-The Company has recommended payment of final dividend at Rs. 3 per share

2011

-The Company's wind farm has been Identified to be the BEST PERFORMING WIND FARM for the third consecutive time among wind farms located In Maharashtra, Gujarat, Rajasthan and Madhya Pradesh

-The commercial production of Fibre Cement Roofing Sheets at the Company's newly erected Mahuvej plant has been commenced.

-Board of Directors has appointed Mr. J. P. Patel as a Executive Chairman and Mr. S. V. Patel as a Managing Director and Mr. P. L. Patel and Mr. V. L. Patel as Whole Time Directors of the Company.

-The Company has recommended final dividend of Rs. 2/- per share.

2012

-The Company's wind farm has been identified by Indian wind Power Association to be the second BEST WIND FARM.

2013

-Company has recommended dividend at Rs. 2.50/- (i.e. 25%) per equity share of Rs. 10 each.

2014

-Sahyadri Industries has recommended dividend at Rs. 0.50/- (i.e. 5%) per equity share of Rs. 10 each.
-Mr. Jaiwant Rege has been appointed as a Company Secretary and compliance officer of the Company.

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