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Cairn India Ltd. Company History and Annual Growth Details

2006
- The Company was incorporated under the Companies Act on 21 August, 2006 and obtained its certificate of commencement of business on 14 September, 2006.

2007

- The Registered Office of the Company has moved from 401 Dalamal Towers, Nariman Point, Mumbai 400021 to 101, West View, Veer Sawarkar Marg, Prabhadevi, Mumbai 400025 with immediate effect. The Principal Business office of Cairn India will continue to be at Orchid Plaza, 3rd and 4th floors, Suncity, Gurgaon, Haryana 122 002.

-Cairn India Limited has appointed Mr. Marshall Mendonza as the Company Secretary of Cairn India Limited effective January 12, 2007.

-Cairn India Limited has appointed Ms. Preeti Kedia as Investors' Grievance Officer.

2008
- The Government of Sri Lanka and Cairn India signed the Petroleum Resources agreement for the exploration licence to explore for oil and natural gas in the Mannar Basin.

-CIL makes oil and gas discovery adjacent to Raageshwari field in RJ-ON-90/1.

- The Government of Sri Lanka has awarded an exploration licence to explore for oil and natural gas in the Mannar Basin, to Cairn India.

-Cairn India Ltd has appointed as Additional Director at the Board Meeting held on April 28, 2008.

-Cairn India Limited has appointed Mrs. Neerja Sharma, as the Company Secretary, w.e.f. July 01, 2008.

-Cairn India received the TERI Corporate Award for Social Responsibility 2008 in recognition of its efforts for the Micro Vendor Programme at Ravva. The TERI Corporate Award recognises corporate leadership in environmental management and good corporate citizenship across the country.

2009

-Cairn India, which has commenced crude production from the Mangala field in Barmer, Rajasthan, has concluded an initial agreement to supply crude oil from the Mangala field to Reliance Industries Limited (RIL) in Jamnagar, Gujarat.

- The Sri Lanka, Board of Investment (BOI), the governing body for promoting industrial investments in Sri Lanka and Cairn Lanka (Private) Limited, a wholly owned subsidiary of Cairn India has entered into an agreement yesterday for a commitment of an initial investment of more than USD 110 million towards the exploration of hydrocarbons

2010

-Cairn India Ltd has been awarded "CARE AAA (Triple A)" rating by the Credit Analysis and Research Limited (CARE) for its INR 4,000 crore domestic borrowing, which is helping to finance the development of its world class oil fields In Rajasthan.

-Cairn India’s Managing Director & CEO, Rahul Dhir, received the prestigious Young Entrepreneur Award in the OCEANTEX World Expo 2010.

-Cairn India received the Oil & Gas Deal of the Year - 2009 award for Asia Pacific region by Project Finance International (part of the Thomson Reuters Group) for having completed the financing arrangements for USD 1.6 billion at competitive pricing.

-Cairn India Ltd has made an oil and gas discovery in an on land KG basin block

-Cairn Energy, the parent firm of Cairn India has informed that it has successfully completed the 590 km pipeline project between Mangala (oil fields) in Rajasthan to Salaya in Gujarat. This is one more feather in the cap of the company after the discovery of largest on-land oil field

-Vedanta’s buying a stake of 31-40% in Cairn India, from Cairn Energy, for $9.6bn. Vedanta agreed to pay $8.66 (Rs 405)/share for its stake, a premium of about 32% over recent share prices.

-Cair India Ltd's subsidary Cairn Energy India Pty Ltd discovered oil and gas in the Nagayalanka-1z well, located in the onshore block KG-ONN-2003/1.

-Cairn Energy finds gas in Greenland

-Crude oil production in July was 3.232 mn tons, exceeding the government target of 3.078 mn tons by 5%. This is despite the poor performance of state- run companies. ONGC and OIL failed to meet their individual production targets for the month. However , crude oil production from private players and joint venture fields stood at 0.833 mn tons as compared to the target of 0.633 mn tons. Cairn India is the major contributor with output of 0.463 mn tons, double the target of 0.247 mn tons.

2011


-Cairn India gains after large bulk deals

-Cairn India steps forward to help Sri Lanka avoid importing oil from other countries. The firm has recently begun exploring the country for oil from three oil wells in its north western Mannar basin.

-Cairn revamps Sri Lanka offshore after 25 years

-Cairn India has found a natural gas reserve in Mannar Basin of Sri Lanka during the drilling of its first well in the basin.

-Cairn India tops the Platts ranking of Global Energy Companies; Reliance Industries Ltd and ONGC slips down.

-Cairn finds gas in second well of three-well frontier basin programme. It has found the oil in SriLanka after in prolific oil discoveries in India.

-Cairn Lanka announces successful completion of the First Phase of Exploration".


-Cairn India wins Spotlight Awards by League of American Communications Professionals


-Cairn India won the 'Golden Peacock Award for Corporate Social Responsibility' during the year

-Cairn India was awarded the 'Superbrand' status on 27 July, 2011. The award was received by Manu Kapoor, Director - Corporate Communication, Affairs & CSR, Cairn India from Planning Commission Deputy Chairman Montek Singh Ahluwalia at a grand ceremony in New Delhi.


2012

-Cairn India finds Second discovery in KG-ONN-2003/1 block in KG Basin, India.

-Cairn India has signed a farm in contract with South Africa's National Oil Company, PetroSA for crude oil and natural gas exploration in the offshore Block 1 in the Orange Basin, West Coast of South Africa. It is the 2nd acquisition by cairn India outside India.

-The year 2012 has been an exciting year for Cairn so far. Crude oil production from the Rajasthan block touched 175,000 barrels of oil per day from the Mangala, Bhagyam, Raageshwari and Saraswati fields in Rajasthan block.

-Cairn India wins PetroFed Pipeline Transportation Award.

-Cairn India was awarded the Blue Dart Global CSR Award for 'Best Corporate Social Responsibility Practice Overall'. The award was presented by the Corporate Affairs Minister M Veerappa Moily at the Global CSR awards in Mumbai.

2013
-Cairn India Ltd. - Commencement of Gas Sales from the Rajasthan Block

2014
- Board recommended a Final Dividend of Rs. 6.50 per share.

2015

-Cairn India Ltd has approved the merger of Cairn with Vedanta Limited, Vedanta

-Cairn India Ltd has filed the Scheme of Arrangement along with other requisite documents

-Cairn India Ltd has shifted Corporate office from Vipul Plaza, Sun City, Sector 54, Gurgaon to DLF Atria Building, Jacaranda Marg - N Block, DLF City Phase II, Gurgaon - 122 002, Haryana.

2016
-Cairn India Ltd has informedthat the Registered Office of the Company has been changed from 101, First Floor, 'C' Wing, Business Square, Andheri Kurla Road, Andheri (E) Mumbai - 400059 to First Floor, Wing "C", Unit No. 103, Wing-2, Corporate Avenue, Chakala, Andheri (East), Mumbai - 400093 w.e.f. July 26, 2016.
-Cairn India has won the International Fire Security Exhibition and Conference (IFSEC) Award
-Cairn India has won the prestigious ABCI ‘Gold’ Award
-Cairn India has won the ‘Bureaucracy Today - CSR Excellence Award’ in the Skill Development category at an event held in Delhi on July 14, 2016.
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