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Alok Industries Ltd

NSE: ALOKINDS BSE: 521070

₹14.30

(-1.38%)

Tue, 03 Mar 2026, 09:37 pm

Company History

1986

  • Alok Textiles Industries Limited was incorporated as a private limited company.

1993

  • The Company was converted into a Public Limited Company.
  • The Company undertook to set up a weaving project at Tanghar, Bhiwadi.
  • The Company installed imported roto jet clip set of Heberlien Machinenfabric AG Switzerland make.

1995

  • The Company set up a state-of-the-art process house at New Mumbai.
  • The Company undertook to integrate its activities by setting up facilities for knitting and processing.
  • The Company set up a state-of-the-art textile process house for processing of cotton viscose fabrics and cotton knitted fabrics.
  • 12,30,096 equity shares were subscribed and 25,15,000 equity shares were issued at a premium of Rs. 10 per share.

1996

  • The Company increased its capacities in yarn production.
  • The Company undertook to modernise its weaving operations by installing Sulzer Projectile loom.
  • 74,90,192 Rights Equity Shares were issued.

1997

  • The sale of the Company's unit at Piparia Industrial Estate, Silvassa was concluded.

1998

  • 12,40,000 equity shares were allotted to Indianan Ford Mauritius Ltd.
  • 22,50,000 equity shares were allotted to promoters of the company.
  • 87,77,000 equity shares were allotted to Centering Direct Fund and 3,65,700 equity shares were allotted to TCFC Finance Ltd.

2002

  • The Company commissioned the Process house and Weaving plants at Vapi and Silvassa respectively.

2003

  • The Company commissioned the Process house and weaving plants at Vapi and Silvassa.
  • Alok Industries received a $20 million loan from IFC.
  • Arisaig partners acquired 4,07,500 shares through open market purchase.
  • IDBI sold 2.08% shares of the company.
  • Members approved for delisting of the shares of the company from 3 stock exchanges.
  • UTI Asset Management Company withdrew the nomination of Shri Mahesh C Verma as the Nominee Director.
  • Madras Stock Exchange Limited delisted the equity shares of the company.

2004

  • Delhi Stock Exchange Association Limited delisted the equity shares of the Company.

2005

  • Alok Industries was awarded Silver Trophy by TEXPROCIL.

2007

  • Credit Analysis & Research Ltd revalidated a PR1 rating for the Company's Commercial Paper program.

2009

  • The Company issued rights in the ratio of 83:40 at a premium of Re 1.

2010

  • Alok Industries Ltd added Terry Towels to its product range.
  • Registered Office of the Company was shifted from Mittal Tower, Nariman Point, Mumbai to Silvassa.

2011

  • 25 years of corporate journey was completed.
  • Alok Industries Ltd was awarded the IMC - Ramakrishna Bajaj National Quality Performance Excellence Trophy in the Manufacturing Category.
  • Expansion of Polyester production from 600 tons/day to 1400 tons/day commenced.
  • Alok Industries Ltd was awarded status of Recognised Star Trading House.

2012

  • Completion of expansion of polyester production from 900 tons/day to 1400 tons/day.
  • The amalgamation of Grabal Alok Impex Limited into the company was completed on 1 March 2012 with effect from 1 April 2011.
  • Alok Industries Ltd was awarded Gold Trophy for Global Exports of Bleached / Dyed / Yarn Dyed / Printed Fabrics in Fabrics Category.
  • Alok Industries Ltd was awarded Gold Trophy for Exports of Bed Linen / Bed Sheets /Quilts in Made-ups Category.
  • Alok Industries Ltd was awarded Silver Trophy for Highest Global Exports Category.
  • Alok Industries Ltd was awarded Silver Trophy for second best export performance for the year 2010-11 in the category of Polyester Yarn.

2013

  • Alok Industries Ltd issued rights in the ratio of 2:3.
  • Alok Industries Ltd was awarded an Appreciation Certificate.
  • Alok Industries Ltd Board recommended Dividend of 3% i.e. Rs. 0.30 per share for the period ended September 30, 2013.

2014

  • Alok Industries Ltd informed regarding Intimation of Credit Facility.

2015

  • Alok Industries Ltd received USD 50 million under Export Performance Bank Guarantee Scheme.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800