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Jai Corp Ltd logo

Jai Corp Ltd

NSE: JAICORPLTD BSE: 512237

₹115.01

(1.64%)

Mon, 25 May 2026, 02:57 pm

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Company History

1985

  • The company was incorporated as Jai Fibres Ltd.
  • The Certificate of Commencement of Business was obtained.
  • The company entered the capital market with a public issue of Rs.30 lakhs.

1987

  • The company made a rights issue of equity shares at par aggregating to Rs.30 lakhs.
  • Commercial production commenced at the manufacturing facility at Murbad.

1990

  • The second unit at Murbad for manufacturing FIBC fabrics and HDPE/PP Woven sacks went on stream.

1992

  • Commercial production commenced at the third unit at Silvassa for manufacturing FIBC.

1993

  • The name of the company was changed to Jai Fibre Industries Ltd.
  • A fresh certificate consequent to this change was obtained on 6th December.

1994

  • The name of the Company was changed to Jai Corp Limited.
  • A fresh certificate for the change of name was obtained on 30th August.

2002

  • Anand Jain resigned from the Directorship of Jai Corp.

2005

  • Jai Corp signed an agreement with ARCIL.

2007

  • Mr. Virendra Jain was appointed as the Managing Director of the Company.
  • Shri Ashok Tak was appointed as the Acting Chief Financial Officer.
  • The Company issued Bonus Shares in the Ratio of 1:1.
  • The Company split its face value from Rs10/- to Rs1/-.

2008

  • Shri Anand Jain was appointed as a Director of the Company.
  • The Board of Directors recommended the appointment of Shri Anand Jain as a Director.

2009

  • A dividend of Rs. 0.50 was declared on 4,81,67,010 equity shares.

2011

  • Shri Rajesh Kumar Mundra was appointed as the Chief Financial Officer of the Company.
  • The Board of Directors recommended a dividend of Re. 0.01 per share on 1,50,00,000 preference shares.

2012

  • The Board of Directors recommended a dividend of Re. 0.01 per share on 9,999,900 Non Cumulative Non Participating Redeemable Preference Shares and Re. 0.50 per share on 48,157,010 Equity Shares.

2013

  • The Board of Directors recommended a dividend of Re. 0.01 per share on 83,49,900 preference shares and Re. 0.50 per share on 4,81,67,010 equity shares.

2014

  • The Board of Directors recommended a dividend of Re. 0.01 per share on 76,74,900 preference shares and Re. 0.50 per share on 4,81,67,010 equity shares.