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Deepak Spinners Ltd logo

Deepak Spinners Ltd

NSE: DEEPAKSPIN BSE: 514030

₹123

(1.23%)

Thu, 05 Mar 2026, 03:29 am

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Company History

1982

  • The company was incorporated on 25th March at New Delhi.
  • The company obtained the certificate of commencement of business on 13th August.
  • The company was promoted by Pradip Kumar Daga and Himachal Pradesh Mineral & Industrial Development Corporation Ltd.

1985

  • 1,50,070 shares were allotted to promoters, directors, etc. and 4,30,000 shares to HPMIDC.
  • 27,19,930 shares were issued at par.

1986

  • Commercial production was started on 1st February with 3,456 spindles.
  • The company's works are situated at Dist. Solan, Himachal Pradesh.

1987

  • A major portion of the factory building was constructed, and substantial machinery was received and/or installed.

1988

  • The company commenced manufacture of acrylic yarn as part of its diversification programme.

1989

  • Forfeiture on 15,600 shares was annulled.

1990

  • Various machinery including 960 spindles, one card, one cone winder, ring data system and hank dyeing equipments were installed.
  • 14,99,600 rights shares were issued.

1992

  • The expansion scheme at the Baddi unit by installation of 4608 spindles made progress.
  • Plans for addition of about 1500 spindles with related machinery and some balancing equipments were under consideration.

1993

  • The company registered significant improvements in sales and exports.
  • The company was granted the status of an Export House.
  • A modernisation cum expansion scheme of 1152 spindles and related machines was undertaken.

1994

  • The company installed 2304 spindles and related machines along with two imported auto coners.
  • The first phase of the proposed 100% EOU named Deepak Polyspin was completed.

2003

  • The company recommended an equity dividend of Rs 1 per share.

2004

  • The company recommended an equity dividend of Rs 1.20 per equity share.

2005

  • The company recommended an equity dividend of Rs 1.20 per share.

2008

  • The company recommended a dividend on equity shares at Rs 0.50 per share.
  • J N Pathak was appointed as Additional Director of the company.

2009

  • V N Khemka, Executive Director, was appointed as Chief Executive Officer.

2010

  • The company appointed Pradip Kumar Daga as Managing Director.

2016

  • The company changed its logo.

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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