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Kandagiri Spinning Mills Ltd logo

Kandagiri Spinning Mills Ltd

NSE: KANDAGIRI BSE: 521242

₹42.89

(4.99%)

Sat, 07 Mar 2026, 06:56 am

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Company History

1976

  • Kandagiri Spinning Mills Limited was incorporated on 5th May under The Companies Act, 1956 as The Ammapet Sizing Mills (P) Limited.

1978

  • The Company's name was changed to Kandagiri Spinning Mills (P) Limited pursuant to special resolutions passed on 17th April.
  • A fresh Certificate of Incorporation was obtained on 15th July.

1979

  • The Company commenced commercial production with an Installed Capacity of 3260 Spindles.

1983

  • The Company increased its Installed Capacity to 10400 Spindles.

1986

  • The Company increased its Installed Capacity to 18700 Spindles.

1988

  • The Company increased its Installed Capacity to 23500 Spindles.

1989

  • The word 'Private' was deleted from the Company's name with effect from 1st January.

1991

  • The Company increased its Installed Capacity to 24652 Spindles.

1992

  • The Company became a full-fledged Public company with effect from 21st November.

1993

  • The Company increased its Installed Capacity to 28492 Spindles.
  • The Company contemplated approaching the capital market by way of PCD issue, which was deferred due to the disruption of the capital market.

1994

  • The Company had an Installed Capacity of 38012 Spindles as on 07/09/1994.
  • The Company increased its Installed Capacity to 33212 Spindles.

2005

  • The Company recommended a dividend of Rs 3.50 per share of face value of Rs 10.

2006

  • The Company recommended a dividend of Rs 5 per share of face value of Rs 10.

2007

  • The Company recommended a dividend of Rs 5 per share of face value of Rs 10 each.

2008

  • The Company recommended a dividend of Rs 2 per share of face value of Rs 10 each.

2011

  • The Company recommended a final dividend of Rs. 2 per equity share of Rs. 10 each.

2012

  • The Board inducted Sri S. Gnanasekharan as an independent director.

2014

  • Sri S. Vijay Shankar was designated as Chief Financial Officer of the Company.

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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