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YEAR EVENTS
1996 - The Subsidiary of your Company namely, Panitola Investments Ltd. is
now known with its new name "Wilton Investments Ltd.".
- Mr. Y.K. Modi resigned from the Board with effect from 19th April.
1997 - Mr. N. C. Pohani retires at the forthcoming Annual General Meeting, but being eligible
offers himself for re-appointment.
- The tenure of the appointment of Mr. R. N. Deogun, Managing Director, is due to expire
on 30th June. It is proposed to re-appoint Mr. Deogun for a further period of 3 years
with effect from 1st July.
1998 - The Company has, during the year, issued and allotted as per SEBI Guidelines on
Preferential Allotment basis 15,00,000 No. of Equity Shares of Rs. 10 each at a premium
of Rs. 4 per Equity Share to an existing major shareholder of the Company.
- Mr. H.M. Gupta retires at the forthcoming Annual General Meeting, but being eligible offers
himself for re-appointment.
1999 - The Company acquired Nagrijuli T.E., with effect from 11th October.
- Wilton Investments Ltd., a Non-Banking Finance Company registered with
Reserve Bank of India, has now become 100% Subsidiary of the Company.
The Directors propose to merge the two companies and for that purpose a
suitable Scheme of Amalgamation is being drawn.
- Dr. S. S. Baijal retires at the forthcoming Annual General Meeting, but being eligible
offers himself for re-appointment.
2000 - Rossell Tea Ltd. has acquired Bokakhat Tea Co. Pvt. Ltd. which owns Bokakhat tea
estate in the Golaghat district of Assam.
2001
-The Company has acquired the equity share capital of Bokakhat Tea Company, which owns Bokakhat Tea estate in Assam and produces nearly 5.25 lakh kg of tea.
2010
-The Company has recommended a final dividend of Rs. 1.00 per Equity share of Rs. 10 each (i.e. 10%)
2011
-The name of the Company has been changed from Rossell Tea Ltd to ROSSELL INDIA LTD.
-The Company's wholly owned subsidiary Company, Rossell Aviation Private Ltd. (Rossell Aviation) has entered into an agreement with CAE International Holding Ltd., Canada (CAE) for jointly undertaking the business of "providing training solution in projects primarily related to the offset obligations in India for aerospace industry.
-The Company has declared dividend of Rs. 0.40 per Equity share of Rs. 2 each (i.e. 20%)
-Company has splits its Face value of Shares from Rs 10 to Rs 2
2012
-The Company have entered into an agreement with Dhunseri Petrochem & Tea Limited for acquisition of their Namsang Tea Estate, P. O. Jeypore, District Dibrugarh, Assam "as a going concern" for an agreed consideration of Rs. 28.29 Crores.
-The Company has recommended a dividend of Rs. 0.40 per Equity Share of Rs. 2 each (20%).
2013
- Board has recommended a Dividend of Rs. 0.50 per Equity share of Rs. 2 each (i.e. 25%)
- Rossell Techsys Receives Order from Boeing for Manufacturing of Wire Harnesses
2014
- Board has recommended a Dividend of Rs. 0.50 per Equity Share of Rs. 2 each (25%).
2015
- " Rossell Techsys (Division of Rossell India Ltd) has been awarded the "Top Indian SME for Aerospace & Defence.
-Rossell India Ltd has awarded the Company in respect of its Rossell Tea Division as "India's Best SME - Agriculture.
2016
-Rossell Techsys Division of the Company has achieved its biggest award yet - The Boeing SUPPLIER OF THE YEAR in the PATHFINDER category.
-Rossell Hospitality Division of the Company have been recently awarded the "IMAGES Most Admired Food Service Retailer of the Year".
2017
-Onward Technologies has said that it has entered into a partnership with Dassault SystŠmes India Business Transformation channel.
-Onward Technologies Limited is a global player in Mechanical Engineering Design Services and IT consulting services.
2018
- Onward TechnologiesTech Chairman bags Lifetime Achievement Award.
- Onward Tech enters into partnership with Quark Software.
2019
-Onward Technologies announces the opening of new Design Centre at Magarpatta City in Pune.
-Onward Technologies has built a strong reputation for providing exceptional new product development expertise for customers participating in global markets.
-Onward Technologies has an additional 4 Design Centres strategically located in Pune, Mumbai & Chennai in India, providing customers with access to the best talent that can support all stages of a product development lifecycle.
2020
-Onward Network Technologies Private Limited- Purchase of Immovable Property-E-Space situated at Pune owned by Onward Network Technologies Private Limited.
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