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Bombay Dyeing & Manufacturing Company Ltd logo

Bombay Dyeing & Manufacturing Company Ltd

NSE: BOMDYEING BSE: 500020

₹113.24

(-1.21%)

Wed, 11 Mar 2026, 01:17 am

Company History

1879

  • The company was incorporated on 23rd August at Mumbai.

1961

  • The company entered into an agreement with Tootal Broadhurst Lee. Co. Limited, Manchester, for the technical know-how and use of their patented crease resistant and minimum ironing processes.
  • The company entered into an agreement with Heberilein & Company of Wattil, Switzerland, for the right to use their Hecowa finish on processed goods.

1968

  • The scheme of amalgamation of the Nowrosjee Wadia Ginning & Processing Company Limited, with the company was approved by the Mumbai High Court.

1974

  • 2,89,129 Bonus shares were issued in proportion 1:5.

1976

  • 3,46,955 bonus shares were issued in proportion 1:5.

1978

  • A letter of intent was received for the manufacture of 60,000 tonnes of dimethyl terephthalate (DMT).
  • An agreement was entered into with Hercofina of USA, for the purchase of equipment and machinery and for technology and technical service.

1979

  • A new company under the name P.T. Five Star Industries, Ltd. was incorporated in Indonesia.
  • The company entered into a Technical Services Contract with their Indonesian company.
  • 20,81,729 Bonus shares were issued in proportion 1:1.

1982

  • 3,33,334 No. of Equity shares were allotted to debenture holders upon conversion of debentures at a premium of Rs 5 per share.

1986

  • The company offered 8,00,000/15% secured redeemable non-convertible debentures of Rs 100 each on rights basis to the equity shareholders.

1988

  • The company installed 2 open-end spinning machines, 3 auto coners, 7 high speed combers, 1 hot air stenter, and some jiggers in the processing house in Mumbai.
  • A caustic recovery plant was installed.
  • The company agreed to take up 40% equity in an integrated textile project to be set up in Bandung in collaboration with an Indonesian company.

1989

  • The company installed 2 new Blow Room lines with cards, 7 auto coners, and 48 new Air-jet Weaving machines.
  • The company submitted a revised proposal for foreign collaboration for the expansion of capacity of DMT to 100,000 TPA.
  • The company entered into a contract with 20th Century Foods Pvt. Ltd. of Singapore to render technical services to Thulhiriya Textile Mills.

1990

  • The company installed a blow room line with high production cards, 6 open-end spinning machines, 16 sulzer weaving machines, and 2 auto coners.
  • 112,41,980 Bonus Equity shares were issued in proportion 1:1.

1991

  • The company installed 2 blow room lines, 15 trutzscher cards, 4 laxmi reiter cards, 12 high-speed draw frames, 6 combers, 2 sizing machines, 1 hot flue drying machine, and 6 open-end spinning machines.

1992

  • The company installed 72 air jet weaving machines, 8 trutschler cards, 9 draw frames, 5 open end spinning machines, 6 autoconers, 1 warping machine, and 2 sizing machines.

1993

  • The company launched the Euro Issue in the international markets.
  • The company offered 47,21,632-15% secured non-convertible debentures and/or secured premium notes with zero interest.

1994

  • 6,94,508 shares were allotted as follows: 81,349 shares allotted at a premium of Rs 50 per share, 13,159 shares at a premium of Rs 50 per share, and 6,00,000 shares allotted at a premium of Rs 65 per share to promoters.

1995

  • The company increased its DMT capacity from 1,12,000 tpa to 1,45,000 tpa.
  • 54,52,086 shares were allotted consequent upon exercise of conversion rights.

1996

  • The volume of DMT division grew from 1,34,540 tonnes to 1,43,586 tonnes.
  • 31,000 shares were exercised of GDR warrants during the year.

1997

  • The company introduced three new brands for Home collection.
  • The company produced 1,37,666 tonnes of DMT.
  • The company introduced various projects to improve the quality of yarn and fabric and reduce rejects.
  • The company signed an agreement with NSDL to get its equity share admitted for dematerialisation.
  • The company signed up with Fieldstone Cannon of the US to setup a 50:50 joint venture to make terry towels.

1998

  • The company introduced two new brands, Princeton and Forest Hills, in Apparel and Tulip and Harmony in the home collection segment.
  • The company signed an agreement with NSDL to get its equity share admitted for dematerialisation.
  • The company entered into a long-term contract for export of 15 per cent of its DMT production.

1999

  • The company called off its proposed terry towel joint venture project with Fieldcrest Cannon.

2000

  • The company closed down its Spinning unit in Jamnagar, Gujarat.

2001

  • Mr.S.S.Kelkar retired as ED of the company.
  • Mr.Ness N. Wadia was appointed as Dy.Managing Director of the company.

2002

  • The company bought back its equity shares from the open market.
  • The Board declared an interim dividend of Rs.1/- per share.
  • The Board approved the proposal of financial restructuring of the company.
  • The company downsized its employee strength by 700 employees.
  • The company acquired 51% stake in Proline India for a sum of Rs.4 cr.
  • The company changed its Readymade Garment Business to Proline India Ltd.
  • Ninu Khanna was appointed as Managing Director of Bombay Dyeing.

2005

  • Nickleodeon tied up with Bombay Dyeing for a merchandising arrangement.

2009

  • Mr. Vinita Bali was appointed as Additional Director of the Company.

2010

  • The company launched 'Aroma Rich', its range of fragrant bed linen.
  • The company launched a new range of bedsheet called E Magic with properties of Vitamin E.

2011

  • The company recommended a dividend of Rs. 3.50.

2012

  • The company recommended a dividend at the rate of Rs. 5/-.
  • The company split its face value of shares from Rs 10 to Rs 2.

2013

  • The company recommended a dividend of Rs. 1/- per equity share of Rs. 2/- each to eligible members.
  • The company received the Brand Leadership Award in Retail Sector (Merit) 2013.
  • The company won the Brand Revitalization Award 2013.

2014

  • The company recommended a dividend of Rs.0.80 per equity share of Rs. 2/- each for the year ended March 31, 2014.

2016

  • The company acquired 4.32% of equity share capital of Archway Investment Company Limited from minority shareholders.
  • The company decided to enter into e-commerce.

2017

  • The National Company Law Tribunal approved the amalgamation of Archway Investment Company Ltd with the company.

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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