SIL Business Enterprises Ltd. कंपनी का इतिहास और वार्षिक वृद्धि विवरण

YEAR EVENTS
1959 - Snowcem India Ltd., was incorporated on 28th January, as a
Private Limited Co., promoted by Killick Industries Ltd. and Mr.
Geoffrey P. Stevens. Subsequently it became a deemed Public
Limited Company on 28th March 1961 under Section 43(A) of the
Companies Act, 1956.

- The Company started its manufacturing activities at its plant in
Bombay with Snowcem cement paint. Snowcem India manufactured and
introduced waterproof cement paint for the first time in India
and ever since then it has remained the market leader.

- The Company also introduced Impermo - a cement waterproofing
compound in its early years. During the period between 1963 and
1969, more speciality products, namely Hardcrete, Cemprover,
Cemix, Snowfilla and Snowsol were successfully introduced by the
Company.

1970 - Sandtex Matt, a liquid exterior finish, was introduced by the
Company for the first time in India. Sandtex Matt was already a
prime exterior product in Europe and other countries.

- Sandtex's introduction was fully supported by the collaborators,
in terms of technical and marketing expertise.

1988 - The Company set up a modern manufacturing facility at Gotan, in
Rajasthan, right in the heart of the white cement manufacturing
region.

1990 - The Company set up its third manufacturing facility at
Gummidipundi near Madras.

- The company manufactures wide range of exterior paint products
which includes Super Snowcem, Sandtex Matt, Cemprover, Snowsol,
Impermo, Hardcrete, Cemix and Snowfilla.

1992 - The company was converted into a Public Limited Company by a
resolution passed in the Extra Ordinary General Meeting held on
18th March.

1995 - The Company launched an improved waterproof Cement paint -
SNOWCEM PLUS and this product has been well received withinthe
short time of its introduction in the market.

- The Company proposes to set up its own Central Warehousing
facilities in the Metropolitan Cities, namely, Bombay, Bangalore,
Calcutta, Madras and New Delhi where the Company is at present
having godowns on rental basis.

- The Company made a Public Issue of 29,40,000 equity shares of
Rs.10/- each for cash at a premium Rs.90/- per share aggregating
to Rs.2940 lacs in June, which has been oversubscribed.

1996 - The Company is manufacturing its products in collaboration with
George Lillington & Co. Ltd., U.K. and they continue to provide
technologies and formulations for the manufacture and
introduction of new products of international standards.

- The Company has entered a Technical Collaboration Agreement with
George Lillington and Co. Ltd., U.K. for obtaining further
technical know-how for the manufacture of Speciality Chemicals.

1997 - Snowcem India Ltd has set up its fourth plant, which commenced
production on 20th March, at Sinnar (Malegaon), MIDC, near
Nashik, Maharashtra.

1998 - Snowcem India Ltd, manufacturer of exterior paints, is likely to
sign an agreement soon with a UK-based company for manufacturing
special products for the infrastructure sector.

- The Company has launched new products namely SNOWCRYL XT, an
Acrylic Exterior Paint and IMPERMO (LIQUID) an Integral Cement
Waterproofing Compound.

1999 - The Company has received ISO 9002 certification for its plant at
Gotan, district Nagaur, Rajasthan and Mumbai for its Quality
Management Systems.

- During May, the Company has entered into agreement with National
Securities Depository Limited (NSDL) for enabling the investors
to hold and trade in the Company's shares in electronic form.

- Exterior paints major Snowcem India is setting up plants in
Bangladesh, Nepal and Vietnam in an effort to cash in on the
expected boom in construction activities there.

- Snowcem had signed an MoU with a German company for a technical
collaboration and expected plans to be firmed up by the end of
the month.

2000 - The Company has introduced Uni-Gloss, an exterior paint that can
be applied on concrete, metal and wood.

- The Company has acquired a gold fabrication and atomiser plant from
Geekay Exim Ltd. for Rs 50 crore, in an all-stock deal, in its bid to make a
foray into gold manufacturing.

2001 - Mr T.B. Ruia has been apppointedas the Managing Director effective from 23 January.

- Mr. G.K. Rathi has resigned as Director effective from 14th March.

- The Company has acquired 42,500 No. of Equity Shares of Rs. 100/- each of Pelican
Paints Limited at a price of Rs. 10/- per share and 3,50,000 No. of Equity Shares of Rs. 100/-
each of Killick Halco limited at a price of Rs. 83/- per share, making them Subsidiaries of
the Company.

- The Company has installed one more WindMill of 500KW during the year at Chalkewadi,
Dist. Satara, Maharashtra.

2002-Snowcem India has informed to that the Board of Directors in its meeting held on December 26, 2002 has accepted the resignation of Dr R Srinivasan as Director and Chairman of the company tendered vide letter dated December 3, 2002.

2003 - Snowcem India Ltd has informed that Mr A V Kale Executive Director of the company is ceased to be the Director of the company wef June 04, 2003.

2006
--Registered Office of the Company has been shifted from Killick Estate, Baji Pasalkar Marg, Chandili, Mumbai 400072 to Plot No. 1&2, Jijamata Nagar, Nasik Road-422001

2007
- Company name has been changed from Snowcem India Ltd to SIL Business Enterprises Ltd.

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