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Indian Card Clothing Company Ltd
NSE: INDIANCARD BSE: 509692
₹212.45
(1.48%)
Wed, 16 Sept 2026, 09:15 pm
Market Cap (in Cr)123.96
PE Ratio21.07
Dividend0
Producer Manufacturing
Industrial Machinery
24.5KCompany History
1955
- The company was incorporated as a private limited company.
1958
- The company pioneered the manufacture of card clothing in India.
- The company's first set of flexible card clothing was produced in October.
1973
- All A-Equity shares were held by The English Card Cloth Co. Ltd., U.K. and all B-Equity shares were held by Carclo Engg. Group. Ltd. U.K.
1974
- The company issued 46,825 A-Equity and 14,175 B-Equity shares as bonus.
1976
- The company issued bonus shares.
1978
- The two non-resident shareholders offered equity shares to resident Indian nationals.
1980
- The company issued 10,83,600 bonus shares.
1985
- Acre Street Investment, Ltd., U.K. became a subsidiary of Gold Card Trading Co., Ltd., Hongkong.
1988
- The company undertook Project Export involving supply, installation, and commissioning of plant and machinery.
1989
- The company commenced setting up a 100% export-oriented unit.
- The company proposed to promote a company for manufacturing products for the textile industry.
- Acre Street Investments, Ltd., U.K. filed a non-repatriation undertaking.
1990
- The company undertook to market products required for the textile industry.
1992
- The company set up a joint venture company, Suessen Asia Pvt. Ltd., in India.
1993
- The company issued 13,00,320 rights shares.
1994
- The company began activities in leasing, investment, and property development.
1996
- Recession affected the working of Suessen Asia Ltd.
- Texmatic India Ltd., a joint venture company, commenced operations.
2003
- The company recommended a dividend of 30 percent.
2005
- The company declared a special interim dividend of 50 percent.
2008
- The company introduced an email ID for investor complaints.
2012
- The company declared a special interim dividend of 100 percent.
2013
- Indian Card Clothing Company recommended a final dividend of Rs. 3.50 per equity share.
2014
- Indian Card Clothing Company recommended a dividend of 30 percent.
2019
- Indian Card Clothing developed a new product range for non-woven applications and non-woven card service machines.