Nuvoco Vistas Corporation Share price

The Company was originally incorporated on February 8 1999 as a private limited company under the Companies Act 1956 with the name “Infra Cement India Private Limited” in Mumbai. Pursuant to the investment in the Company by the erstwhile shareholders in the year 1999 and the resolution dated May 19 1999 passed by the Shareholders the name of the Company was changed to “Lafarge India Private Limited” and a fresh certificate of incorporation was issued upon the change of name by the RoC on May 25 1999. Pursuant to Section 43A(1) of the Companies Act 1956 the Company became a deemed public limited company with effect from November 2 1999 and the certificate of incorporation of the Company was endorsed by the RoC to that effect and this was noted in the resolution dated December 3 1999 passed by the Board. Subsequently pursuant to the resolution dated April 16 2003 passed by the Shareholders the status of the Company was changed from deemed public limited company to private limited company in terms of Section 43A(2A) of the Companies Act 1956. Accordingly the Company became a private limited company with effect from April 16 2003 and the certificate of incorporation of the Company was endorsed by the RoC to that effect. Thereafter pursuant to the resolution dated February 26 2016 passed by the Shareholders the Company was once again converted to a public limited company resulting in the change of name to “Lafarge India Limited” and a fresh certificate of incorporation wasissued by the RoC on March 12 2016. Pursuant to divestment by the erstwhile shareholders in the Company in the year 2016 and the resolution dated March 8 2017 passed by the Shareholders the name of the Company was changed to “Nuvoco Vistas Corporation Limited” and a fresh certificate of incorporation was issued by the RoC on March 10 2017.Major events and milestones of the Company :2020- The Company acquired NU Vista as a wholly-owned subsidiary- The cement undertaking of Nirma Limited located at Nimbol Rajasthan was amalgamated with the Company2019- The Company commissioned its first captive power plant and waste heat recovery power plant in the Chittorgarh Cement Plant2017- The name of the Company was changed to “Nuvoco Vistas Corporation Limited”- The Company commenced the supply of concrete to the metro railway project at Mumbai Maharashtra- Nirchem Cement Limited an erstwhile wholly-owned subsidiary of Nirma Limited was amalgamated with the Company2016- Nirchem Cement Limited an erstwhile wholly-owned subsidiary of Nirma Limited acquired all the Equity Shares held by Lafarge group in the Company2015- The Company commenced the supply of concrete to the metro railway project at Noida Uttar Pradesh2014- The Company commenced operations at the Bhiwani Cement Plant- The Company (through an erstwhile group entity) commenced the supply of ready-mix concrete to the metro railway project at Jaipur Rajasthan- The Company supplied concrete for the construction of Nazrul Tirtha at Kolkata West Bengal- The Company supplied concrete for the construction of the Swami Narayan Temple at Kolkata West Bengal2013- The Company commenced operations at the Chittorgarh Cement Plant2012- Inauguration of Construction Development & Innovation Centre (CDIC) at Mumbai Maharashtra2010- The Company (through an erstwhile group entity) commenced the supply of ready-mix concrete for World One building at Mumbai Maharashtra2009- The Company commissioned a new clinker line at the Sonadih Cement Plant- The Company commenced operations at the Mejia Cement Plant2008- The Company (through an erstwhile group entity) acquired the ready-mix concrete business of Larsen & Toubro Limited2000- The Company acquired the cement business of Raymond Limited including the Arasmeta Cement Plant1999- The Company commenced its operations with the acquisition of the cement business of the Tata Iron and Steel Company Limited including the Jojobera Cement Plant and Sonadih Cement PlantAwards accreditations and recognitions received by the Company :2020- The Company received the “Golden Peacock Innovative Product/ Service Award” awarded by the Golden Peacock Awards instituted by the Institute of Directors India- The Company received the “10th CII National HR Excellence Award 2019-20 - Commendation” awarded by the Confederation of Indian Industry- The Company received the certificate of accreditation for the Construction Development & Innovation Centre (CDIC) from the National Accreditation Board for Testing and Calibration Laboratories- The Company received the “Factory Safety Award Programme - 2020” for the Chittorgarh Cement Plant in the large category awarded by the Inspection Department of Factories and Boilers Government of Rajasthan- The Company received the “Silver Award” at the National Occupational Health & Safety Awards 2020 for the Chittorgarh Cement Plant in the manufacturing & engineering - cement & allied sector organised by the Occupational Health & Safety Expert Panel of the Indian Chamber of Commerce2019- The Company received the “SHE Excellence Awards (Safety Health & Environment) 2018-2019” for the Mejia Cement Plant being the runner-up in the category of large scale manufacturing sector (up to 2500 employees) awarded by the Confederation of Indian Industry (Eastern Region)- The Company received the “OHSSAI OH & S Award” at the OSHAI 4th Annual HSE Excellence & Sustainability Awards 2019- The Company received the “Special Commendation for Golden Peacock Occupational Health & Safety Award 2019” for the Chittorgarh Cement Plant awarded by the Golden Peacock Awards instituted by the Institute of Directors India2018- The Company received the “FICCI Corporate Social Responsibility Award 2017-2018 for Category 1: Women Empowerment - Private Sector Companies with INR 3001 Crores per annum and above” awarded by the Federation of Indian Chambers of Commerce and Industry- The Company received the “5 th CSR Impact Award” in the category of women empowerment at the India CSR Summit and Exhibition New Delhi- The Company received the “19th National Award for Excellence in Energy Management 2018” recognising the Mejia Cement Plant as “Energy Efficient Unit” at the National Award for Excellence in Energy Management organised by the Confederation of Indian Industry at Hyderabad2017- The Company received the “FICCI Corporate Social Responsibility Award 2016-2017 - Special Jury Commendation” recognising the commendable work done by the Company as a socially responsible company2016- The Company received the “SHE Excellence Awards (Safety Health & Environment) 2015-2016” for the Mejia Cement Plant having significant controls over hazardous processes in the category of large scale manufacturing (up to 3000 employees) awarded by the Confederation of Indian Industry (Eastern Region)- The Company received the “17th National Award for Excellence in Energy Management 2016” recognising the Mejia Cement Plant as “Energy Efficient Unit” at the National Competition for Excellence in Energy Management organised by the Confederation of Indian Industry at Hyderabad2014- The Company received the “Golden Peacock Occupational Health & Safety Award 2014” awarded by the Golden Peacock Awards instituted by the Institute of Directors India