YEAR EVENTS 1991 - The Comp. was Incorporated as a public limited Comp. in West Bengal on 5th June. Acquired a cement plant of 33,000 tpa capacity from Lakhandwala Cement [Ps] Ltd.
- The Comp. was promoted by Ambuja Group having diversified business interests. The Company object is to manufacture cement.
1992 - The Comp. issued 56,00,000 No. of equity shares of Rs.10 each for cash at par.
- Equity shares held by promoters.
1993 - 18,60,000 No. of equity shares of Rs.10 each allotted to promoters at par on firm allotment & 56,00,000 No. of equity shares of Rs.10 each at par allotted to the public through public issue.