YEAR EVENTS 1943 - The Sandesh Limited, was incorporated on 11th March at Gujarat and was promoted by Nandlal Bodiwala to carry on the business of editing, printing and publishing newspapers and periodicals. - The Company acquires the honour of starting the first Gujarati daily `SANDESH' to spread the message of Gandhian movements to all corners of Gujarat. - Besides SANDESH, the Company publishes STREE, a women's weekly magazine, Sandesh Share Bazar Guide an uptodate information on share bazar, Jyotishdeep, a monthly publication on astrology etc. 1983 - The Company has won the first National Award for excellence in printing of SANDESH from Government of India and from The Ahmedabad Printing Press Association in 1987. 1988 - The Company has two investment subsidiary companies. Sarvashanti Investments Private Limited, a wholly owned subsidiary of the Sandesh Ltd. was incorporated on 14th April. 1994 - During the year under review, the Company entered into the Capital Market with Public Issue of 19,66,600 Equity Shares of Rs. 10/- each at a premium of Rs. 90/- per share on 13th December. 1995 - 56,33,400 No. of equity shares of Rs 10 each were then issued at a premium of Rs 90 per share during December 1994 of which 66,600 No. of equity shares were reserved for allotment on a preferential basis to employees (only 65,800 shares taken up). Balance 19,00,000 shares along with 800 shares not taken up by the employees issued to the public. Additional 9,900 shares allotted on rounding up. 1996 - The Company set up a new printing press at Vastrapur, Ahmedabad with ultra modern printing facilities and equipments based on latest technology. - The Company undertook the business of leasing and hire purchase finance and to provide on lease or hire purchase all types of industrial and office plant, equipment, machinery, vehicles and household requisites, corporate finance and other financial services. 1998 - The Company has undertaken a project of setting up a new printing press at Vastrapur, Ahmedabad with most ultra modern printing facilities. 1999 - Sandesh Ltd, Gujarat's largest and only listed newspaper stock, has been witnessing a flurry of activity over the last month on talks of a possible change in management structure. 2001 -The company has informed that company's existing subsidiaries viz. (1) Shubhkamna Invt. Pvt.Ltd., and (2) Sarvashanti Invt.Pvt.Ltd., has become wholly owned subsidiaries and Swarpan Invt. Pvt. Ltd., is now 100% subsidiary of the company w.e.f. 03/02/200. 2004 - Sandesh Ltd. opens new division in the name of "The Sandesh Ltd. 2006 - Sandesh Ltd has recommended dividend @ 20% for the financial year ended March 31, 2006 2009 -Sandesh Ltd has recommended Dividend @ 30% i.e. Rs 3.00 per equity shares for the financial year ended March 31, 2009. 2010 -Company has recommended a dividend of 30% i.e. Rs. 3/- per equity share for the year ended March 31, 2010. 2011 -The company declaration of Final Dividend @40% (Rs. 4.00 per share) on paid up equity share capital of the Company. 2013 - The company has recommended Dividend @ 40 % (Rs. 4.00 per share). 2014 - The company has recommended Dividend @ 40 % (Rs. 4.00 per share). 2016 -Sandesh acquires over 5% equity shares in Applewoods Estate Private Limited.