Raunaq International Ltd
Raunaq International Ltd Company History
Raunaq EPC Intl is engaged in Engineering Contracting Business, established in 1965 and primarily in the service of core infrastructural and industrial sectors in India, namely Power, Chemical, Hydro-carbon, Metal and Automobile sectors.
1978
The Company made its initial foray into Civil Construction, Mechanical and Electrical business line.
1978
1990
The Company completely changed its line of business from export house to EPC business which is now the core business of the Company.
1990
1998
Registered office of the Company was shifted from Delhi to Haryana
1998
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.
2003
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.
2006
2011
Mr. S. P. Kanwar acquired a further shareholding of 6.20% in the Company from the other promoter Mrs. Gurmeet Kaur
2011
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.
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.
2014
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.
2015
