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    VELJAN DENISON LTD.

    11 August 2025 | 04:01

    Industry >> Compressors

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    ISIN No INE232E01013 BSE Code / NSE Code 505232 / VELJAN Book Value (Rs.) 482.05 Face Value 10.00
    Bookclosure 22/08/2025 52Week High 1879 EPS 52.71 P/E 24.07
    Market Cap. 570.83 Cr. 52Week Low 904 P/BV / Div Yield (%) 2.63 / 0.67 Market Lot 1.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.
    1973

    -The company was incorporated during the year and promoted by Sri. V C Janardan Rao, with an objective to manufacture and distribute hydraulic motors, pumps and valves.

    1987

    -Abex Corporation had transferred their interest in the Denison Division to M/s. AB Hagglund & Soner of Sweden and since then the Denison Division came to be know as Hagglunds Denison.

    2001

    -Name of the company was changed from Hagglunds Denisons Ltd to Denison Hydraulics India Ltd.

    2006

    -Sri Gopi Kishan Kabra, had been appointed as the additional director of the company on February 2006 but the appointment come to effect from 27th January, 2006, under Section 260 of the Companies Act.

    2008

    -Members at the annual general meeting of the company had reappointed Mr. V Pattabhi and Mr. R C Sohni as the directors.

    -Mr. Kumar Tipirneni, was appointed as director of the company.

    2009

    -Denison Hydraulics has recommended a Dividend @ 50%

    2010

    -Company has changed its name from Denison Hydraulics India Ltd. to Veljan Denison Ltd. 

    -Veljan Denison have recommended a Dividend @ 50%                                                       
                                             
2011
    -Veljan Denison Ltd Issues Rights in the Ratio of 1:4

    2012

    -Veljan Denison has recommended a Dividend @75%

    2013

    -Board recommends Dividend of Rs 7.50.

    2024 -The Company has issued Bonus Shares in the Ratio of 1:1.

    Way2Wealth Brokers Private Limited - CIN U67120KA2000PTC027628 Stock Broking: SEBI Regn No.: INZ000178638 | Exchange Membership ID: NSE: 11502, BSE: 3117, MSEI:51000, MCX: 56730 Depository Participant: SEBI Regn No. IN-DP-472-2020 | CDSL ID: 12062900 & 12031500, NSDL ID: IN303077 | Research Analyst: SEBI Regn No. INH200008705 | PMS: SEBI Regn No.INP000000829 | Register with AMFI ARN: 77558 (Date of Initial registration - 8th Dec 2009, Date of expiry - 24th Jan 2027) | PFRDA: POP226012019

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