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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 2006
- 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.
- Sahyadri Industries Ltd has informed that the Board of Directors of the Company at its meeting held on May 29, 2009, has appointed Mr. Suresh Mestry as a Non Executive Independent Director of the Company from May 29, 2009.