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Company Profile

DECCAN CEMENTS LTD.

NSE : DECCANCEBSE : 502137ISIN CODE : INE583C01021Industry : Cement & Construction MaterialsHouse : DCL
BSE609.356.8 (+1.13 % )
PREV CLOSE (Rs.) 602.55
OPEN PRICE (Rs.) 612.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 66
TODAY'S LOW / HIGH (Rs.)603.80 612.00
52 WK LOW / HIGH (Rs.)429 668
NSE606.65 -4.45 (-0.73 % )
PREV CLOSE(Rs.) 611.10
OPEN PRICE (Rs.) 609.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 5089
TODAY'S LOW / HIGH(Rs.) 600.25 616.20
52 WK LOW / HIGH (Rs.)445.1 668.45

Company News

Date Heading Details
16-Apr-2024 Deccan Cements informs about notice of postal ballot <p style="text-align: justify;">Deccan Cements has informed that it enclosed a copy of the Postal Ballot Notice dated 28th March 2024 and Calendar of Events of Postal Ballot. The Postal Ballot Notice will be sent by E-mail only to those members who have registered their Email ID either with the Company/RTA/Depository Participants as on the cut-off date, 12th April 2024 (Friday). The above notice is also updated on the website of the Company: www.deccancements.com.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>
28-Mar-2024 Deccan Cements informs about meeting updates <div>Deccan Cements has informed that the Board of Directors of the Company at its meeting held on 28th March 2024, have transacted the following items of business; Took note of the sad demise of R. Gopalakrishnan (DIN: 00296413), Non-Independent and Non-Executive Director of the Company on 4th March 2024; Took note of the appointment of P. S. Rao (DIN: 01220158) to the office of Independent Director of the Company for a period of 5 years effective 1st April 2024, by way of Special Resolution passed by the members through Postal Ballot process, which completed on 21st March 2024; Appointed Rabindra Srikantan (DIN: 00024584) to the office of Additional Director (Independent category) of the Company effective 1st April 2024; Approved the Calendar of Events and the Postal Ballot Notice seeking consent of the Shareholders by way of Special Resolution for the appointment of Rabindra Srikantan (DIN: 00024584) to the office of Independent Director of the Company for a period of 5 years effective 1st April 2024, and other matters related thereto; Took note of the incorporation of Deccan Swarna Cements, a wholly owned subsidiary (WOS) company on 13th March 2024.</div><div><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div>
15-Mar-2024 Deccan Cements moves up on incorporating wholly owned subsidiary in Jaisalmer <p style="text-align: justify;">Deccan Cements is currently trading at Rs. 555.50, up by 4.30 points or 0.78% from its previous closing of Rs. 551.20 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 552.65 and has touched a high and low of Rs. 555.50 and Rs. 549.70 respectively. So far 106 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 668.00 on 20-Feb-2024 and a 52 week low of Rs. 388.00 on 27-Mar-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 611.35 and Rs. 525.60 respectively. The current market cap of the company is Rs. 778.12 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 56.25%, while Institutions and Non-Institutions held 10.56% and 33.19% respectively.</p><p style="text-align: justify;">Deccan Cements has incorporated wholly owned subsidiary (WOS) in the name of Deccan Swarna Cements to implement the future project in Jaisalmer, Rajasthan. The company has incorporated WOS on March 13, 2024.</p><p style="text-align: justify;">Deccan Cements is engaged in the manufacturing and selling of Cement and generation and selling of power from hydel and wind sources.</p><div style="text-align: justify;"><br></div>
14-Mar-2024 Deccan Cements incorporates wholly owned subsidiary in Jaisalmer <p style="text-align: justify;">Deccan Cements has incorporated wholly owned subsidiary (WOS) in the name of Deccan Swarna Cements to implement the future project in Jaisalmer, Rajasthan. The company has incorporated WOS on March 13, 2024.</p><p style="text-align: justify;">Deccan Cements is engaged in the manufacturing and selling of Cement and generation and selling of power from hydel and wind sources.</p>
05-Mar-2024 Deccan Cements informs about demise of non-independent director <p style="text-align: justify;">In compliance with the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Deccan Cements has informed about the demise of R. Gopalakrishnan (DIN: 00296413), Non-Executive Non-Independent Director of the Company on 4th March 2024. R. Gopalakrishnan's sudden and unexpected passing away will be an irreparable loss to the Company and all the stakeholders of the Company.&nbsp;</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p><div style="text-align: justify;"><br></div>
21-Feb-2024 Deccan Cements informs about newspaper publication <div style="text-align: justify;">Deccan Cements has informed that it enclosed copies of the Newspaper [Business Standard (in English - All India Editions) and Andhra Prabha (in Telugu - Hyderabad Edition)] dated 21st February 2024 containing postal ballot notice.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div>
20-Feb-2024 Deccan Cements informs about postal ballot notice <p style="text-align: justify;">Deccan Cements has informed that it enclosed a copy of the Postal Ballot Notice dated 13th February 2024. The Postal Ballot Notice will be sent by E-mail only to those members who have registered their Email ID either with the Company/RTA/Depository Participants as on the cut-off date, 16th February 2024 (Friday). The above notice is also updated on the website of the Company: www.deccancements.com.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>
03-Feb-2024 Deccan Cements informs about disclosures <div style="text-align: justify;">Deccan Cements has informed that it enclosed the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares &amp; Takeovers) Regulations, 2011 for Ricky Kirpalani &amp; PACs.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div>
20-Jun-2023 Deccan Cements informs about demise of executive chairman <p style="text-align: justify;">In compliance with the Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Deccan Cements has informed about the sad demise of M. B. Raju, Executive Chairman and Promoter of the Company on 19th June 2023. M. B. Raju's sudden and unexpected passing away will be an irreparable loss to the Company and all the stakeholders of the Company.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>
27-May-2023 Deccan Cements informs about outcome of board meeting <p style="text-align: justify;">Deccan Cements has informed that the Board of Directors of the Company at its meeting held today 27th May 2023 has approved the following items: The Audited Financial Results of the Company prepared as per the Indian Accounting Standards (lnd-AS) for the Quarter/Year ended on 31st March 2023 (Copy enclosed), as reviewed and recommended by the Audit Committee, Took note of the unmodified Statutory Auditors Report on the Audited Financial Results of the Company for the Quarter/Year ended on 31st March 2023. (Declaration pursuant to Regulation 33(3)(d) of the SEBI (LODR) Regulations, 2015 by D. Raghava Chary, Chief Financial Officer and P. Parvathi, Managing Director of the Company on Unmodified Audit Report for the financial year ended 31st March 2023 is enclosed as Annexure-A) and Recommended Final Dividend for FY 2022-23 at Rs 3.75 (75%) per equity shares of face value of Rs 5 each, subject to the approval of Shareholders in the ensuing 43rd Annual General Meeting of the Company. The meeting of the Board of Directors commenced at 12:00 pm (IST) and concluded at 01:15 pm (IST).</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>