August 2009
|
Eredene Capital PLC raises £7.1 million (before expenses) through the issue of 35,512,031 new ordinary shares to seed a second private development fund to invest in new infrastructure projects in India. |
| March 2009 |
Eredene receives its first dividend from an investment company, Sattva Vichoor CFS, paid less than two years after start of construction. |
October 2008
|
Eredene Group invests up to INR 400 million (£5 million) in Container Freight Station and warehousing operation to serve port of Ennore in southern State of Tamil Nadu. |
| August 2008 |
Eredene Group invests up to INR 400 million (£5 million) in inland container depot in Gujarat, northwest India. |
| August 2008 |
Eredene appoints two Special Advisors on Indian Infrastructure. |
| May 2008 |
Eredene Group invests up to INR 210 million (£2.6 million) in new Logistics Park in east Indian State of Orissa. |
| March 2008 |
Construction starts on Eredene Group’s low-income mass housing urban development near Mumbai. |
| December 2007 |
The Eredene Group announces that it has agreed to invest up to INR 854 million (£11 million) in a £26 million project to build and operate three multi-user logistics 'hub and spoke' centres on 28 acres of land in Northern India. |
| November 2007 |
Eredene Capital PLC appoints David Coltman as its new non-Executive Chairman. Mr Coltman, whose career in international airlines and logistics, spans more than 40 years, succeeds Mr Christopher Crosthwaite. |
| November 2007 |
The Eredene Group announces it has acquired a 50% stake in a joint venture company with Apeejay Surrendra, the owners of Typhoo Tea and a global Indian business, to develop a planned 72-acre integrated logistics park in Haldia, West Bengal, which is a fast growing trading port and commercial hub for the East Indian city of Kolkata (formerly Calcutta). |
| October 2007 |
The Eredene Group announces it is investing up to INR 233.3 million (£3 million) for a 40% stake in a Special Purpose Vehicle (SPV) which is developing the first dedicated Container Freight Station at Pipavav, a fast-growing port in the south of Gujarat State. |
| September 2007 |
The Eredene Group announces it has invested INR 68.6 million (£850,000) for a 49% stake in a Special Purpose Vehicle (SPV) developing a new Container Freight Station (CFS) on a greenfield site to service both the ports of Chennai and Ennore in the southern Indian state of Tamil Nadu. |
| July 2007 |
The Company announces an agreement to invest up to £16.4 million in the development of around 185,000 low income residential units on the outskirts of Mumbai. |
| July 2007 |
June 2007 - Eredene becomes a self-managed investment Company with the appointment of its own dedicated project team based in Mumbai. |
| June 2007 |
The Company announces one new appointments to the Board. |
| June 2007 |
The Company announces that it has a pipeline of 15 projects in strategic locations across India in the port development, logistics, railways, energy and real estate sectors with potential equity commitments of up to £100 million. |
| June 2007 |
June 2007 - Eredene sells its interests in the three joint ventures for £9.75 million and appoints its own in-house project team. |
| October 2006 |
Eredene invests £2.75m for a 35% stake in an integrated residential township on a 100 acre site on the outskirts of Indore, Madhya Pradesh State. |
| October 2006 |
Eredene invests £6.65m for a 30% stake in a combined retail, office, hotel and residential development on a 19.5 acre site on the outskirts of Indore, Madhya Pradesh State. |
| September 2006 |
Eredene invests £4.23m for a 50% stake in an 800,000 sq ft shopping mall in Nashik, Maharashtra State. |
| May 2006 |
Eredene becomes the first AIM quoted fund investing in Indian Real Estate. |
| May 2006 |
Eredene converts the shell into a quoted fund investing in Indian Real Estate. |
| February 2005 |
Eredene is listed on Alternate Investment Market (AIM). |
| February 2005 |
Company formed as a cash shell. |
