India Cements Capital Ltd
India Cements Capital Ltd Company History
India Cements Capital is engaged in share broking activities.
1997
During the year the name of the Company's Subsidiary was changed from Aruna Securities Limited to INDIA CEMENTS INVESTMENT SERVICES LIMITED.
Preferential allotment of 57,14,200 Equity Shares of Rs. 10/- each at a premium of Rs.7.50 per share. As a result the Paid-up Equity Capital has gone up from Rs. 7,39,81,000/- to Rs. 13,11,23,000/-
1997
1998
During the year under review, the Company could expand its fee based activities viz., forex advisory services, full fledged money changing and foreign exchange dealing operations managed by it.
1998
1999
The Company's fixed deposit programme has been given a rating of "Ind A+ (FD)" by Duff & Phelps Credit Rating Agency.
1999
2000
The Company proposes to double its equity capital from Rs 13.37 crore to Rs 26.74 crore through the issue of additional securities.
2000
2001
India Cements Capital & Finance part of ICL group, has opened a satellite office at Adayar in Chennai to cater to the needs of its clients in the area.
2001
2002
India Cements Capital & Finance Ltd has decided to offer Equity Shares of Rs 8.335 million on preferential basis @Rs 12/- per share (Rs 10/- face value with Rs 2/- premium) to the promoters group Companies.
2002
2005
ICCFL's Namakkal branch outscores branches in other cities.
2005
2007
Company name has been changed from India Cements Capital & Finance Ltd to India Cements Capital Ltd.
2007
