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Donear Industries Ltd logo

Donear Industries Ltd

NSE: DONEAR BSE: 512519

₹82.60

(1.42%)

Tue, 29 Sept 2026, 10:54 am

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Company History

1977

  • The company was incorporated with an objective to provide high-quality textile to customers.

2004

  • The company ranked 746th in the BS1000 listing of top Indian companies in terms of sales.

2005

  • The board approved an increase in authorized share capital from Rs 11 crore to Rs 20 crore.
  • The company was ranked 560th in the Business Today list of India's 1,000 most valuable private sector companies.

2006

  • Citigroup Global Markets acquired a 5.77% stake in the company for about Rs 22.2 crore.
  • The company gave a bonus in the ratio of 1:1.
  • The company split its face value of shares from Rs 10 to Rs 2.

2007

  • The company planned to invest Rs 3.5 billion in new projects.
  • The company prepared to invest Rs 3.5 billion for its integrated facility in Surat and foray into retail.
  • The company announced Yuvraj Singh as the brand ambassador for Donear Suitings & Shirtings.
  • The board decided to raise funds worth approximately Rs 1.5-1.6 billion for future expansion projects.

2008

  • The company recommended a dividend of Rs 0.50 per share.

2009

  • The company recommended a dividend of 25% per share.

2010

  • The company recommended a dividend of 25% per share.

2011

  • The company recommended a dividend of 25% per equity share.
  • Mr. Durgaprasad Agarwal and Mr. Ajay V Agarwal were appointed as Directors.

2012

  • The company recommended a dividend of 10% per share.

2013

  • The company recommended a dividend of 10% per equity share.

2014

  • The company recommended a dividend of 10% per equity share.
  • The registered office of the company was shifted to Donear House in Andheri, Mumbai.

2017

  • Donear group promoters acquired OCM Woolen Mills.