Milestones 2011-2018

2011:
Company’s Gross Turnover crossed Rs.500 Crores. Company forayed into RMC Business by setting Two Plants in Hyderabad & Vizag

2012:
Company’s Gross Turnover crossed Rs.750 Crores

2015:
Allotment of 17,95,455 equity Shares to the Promoters on preferential basis @ Rs.22/- Per Share

2016:
Issue of NCDs on private placement basis to pay off the term lenders and augmenting production capacities in Cement & Boards Division. Exits from CDR.NCL High School completed 25 years Silver Jubilee.


2017:
Company’s Gross Turnover crossed Rs.1,000 Crores.2nd RMC plant in Hyderabad at Rampalli commenced commercial production.3rd Cement Bonded Particle Boards plant at Simhapuri commenced commercial production.


2018:
Successfully raised an amount of Rs. 202 crores by allotment of 85 Lakhs Equtiy Shares by way of Qualified Institutional Placement (QIP).  Commencement of commercial production of line 3 cement & clinker plants at Simhapuri. Commencement of commercial production of 3rd Boards Plant at Simhapuri.