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K-Lifestyle & Industries Ltd logo

K-Lifestyle & Industries Ltd

NSE: SHREEKRPOL BSE: 514221

₹0.22

(4.35%)

Sun, 07 Jun 2026, 02:40 am

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Company History

1987

  • The company was incorporated on August 12 as a private limited company, under the name of Shree Krishna Polyester and Synthetic Pvt. Ltd.

1989

  • The name of the company was changed from Shree Krishna Polyester to the present one in May.
  • The company was converted into a Public Limited company with effect from January 16.

1992

  • The company undertook an expansion-cum-diversification scheme, setting up texturising facilities and 100 circular knitting machines.
  • The company set up a plant for the manufacture of cotton yarn and for processing and mercerising cotton knitted fabrics at a total cost of Rs 212 crore.
  • The company came out with a public issue of 23,40,000 No. of equity shares of Rs 10/- each at a premium of Rs 40/- per share aggregating Rs 1170 lacs.

1993

  • The company intended to branch out into financial activities such as Leasing, Merchant Banking, and Bill Discounting.
  • The company had a minor fire at its fabric division, but the loss was fully insured.
  • The company expanded its spinning capacity from 12,000 tpa to 18,000 tpa and speciality fabrics manufacturing and processing capacities from 18,000 tpa to 25,000 tpa.

1994

  • The company launched a Public Issue of 1,05,71,000 zero-interest unsecured fully convertible debentures of Rs 140/- each for cash at par aggregating Rs 148 crore.

1995

  • The company issued 2,57,38,132 No. of Equity Shares of Rs 10/- each by way of Rights Issue.
  • The FCD with a face value of Rs 140/- was converted into Equity Shares of Rs 10/- at a premium of Rs 60/-.

1996

  • The company issued 16% Redeemable Cumulative Preference shares of Rs. 200 lacs and privately placed Nonconvertible Debentures of Rs.15 Crores.
  • The company planned to increase its spinning capacity with a matching increase in processing capacity.

1997

  • The company proposed to start a separate R & D wing for the production of coloured cotton and Denim fabrics.
  • The company set up a separate export division for production of premium quality Yarns and Garments.

1998

  • The company entered into a tripartite agreement with Bigshare Services Pvt. Ltd. to enable investors to have a shareholding in electronic form.

1999

  • The company entered into a tripartite agreement with Central Depository Services Limited (CDSL) and Bigshare Services Pvt. Ltd. for dematerialisation of its shares.
  • The board of directors decided to re-issue 11,70,216 forfeited equity shares of Rs. 10 each at a premium of Rs. 11 to Delux Polymers Pvt. Ltd.

2000

  • The company offered 2,57,38,132 equity shares of Rs. 10/- each at par on a rights basis.
  • The company expanded its spinning capacities by 6000 tonnes at an estimated cost of Rs 70 crore.
  • The company made a public issue of 2.50-crore equity shares at par for Rs. 10 each, aggregating Rs. 25 crores.

2005

  • The company delisted its securities from Vadodara Stock Exchange Ltd. (VSE) effective March 14, 2005.
  • The company split its face value of shares from Rs 10 to Re 1.

2009

  • Shri V Sridar, Former Chairman and Managing Director of UCO Bank, was appointed as an Additional Director of the Company.

2010

  • The company changed its name from Krishna Lifestyle Technologies Ltd. to K-Lifestyle & Industries Ltd.

2012

  • Mr. Farindra Bihari Rai and Mr. Jai Kumar Mishra were appointed as Directors of the company.

2014

  • Shri Narayan Ghumatkar was appointed as an Additional Director of the Company.