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Raunaq EPC International Ltd. Company History and Annual Growth Details

1965Â

Incorporated as Private Limited Company under the Companies Act, 1956

1970Â

The Company started its operations as a Recognized Export House

1976Â

The Company was converted into a Public Limited Company

Initial Public Offer of 1,20,000 equity shares at par.

1978

The Company made its initial foray into Civil Construction, Mechanical and Electrical business line.

1990

The Company completely changed its line of business from export house to EPC business which is now the core business of the Company.

1998

Registered office of the Company was shifted from Delhi to Haryana

2003

Mr. S. P. Kanwar acquired a controlling shareholding of 15.43% in the Company from the other promoters Mr. S.S. Kanwar and Mrs. Surjeet Kaur to become the largest shareholder in the Company.

2006

Mr. S. P. Kanwar acquired a further shareholding of 9.53% in the Company from the other promoters Mr. O.S. Kanwar and M/s Neeraj Consultants Limited.

2011

Mr. S. P. Kanwar acquired a further shareholding of 6.20% in the Company from the other promoter Mrs. Gurmeet Kaur

2012

Acquisition of 100% paid up share capital of Xlerate Driveline India Limited (XDIL) by virtue of which XDIL has become wholly owned subsidiary of the Company w.e.f. July 27, 2012.

2014

- The Company has recommended Final Dividend @ Rs. 1.20/- per equity share of the Company.

- Mr. Shalesh Kumar, Senior Manager (F & A) has been designated as the Chief Financial Officer of the Company.

- Engineering contracting organisation Raunaq International Ltd has bagged four piping orders in various power projects valued at Rs 83.40 crores.

2015
-Raunaq International Ltd Obtained Piping Order worth Rs. 25.66 Crores.
-Raunaq International Ltd bags piping order worth Rs 6.29 cr from BHEL.
-Raunaq International Ltd changes name to Raunaq EPC International Ltd
- Raunaq EPC International has received a piping order worth Rs 1560 lacs from Lanco Avidarbha Power.

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