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Maris Spinners Ltd

NSE: BSE: 531503

₹31

(9.85%)

Wed, 11 Mar 2026, 08:02 am

Company History

1979

  • The company was originally incorporated as a Private Limited company on 18.9.1979.
  • Orders for plant and machinery were placed in December.

1980

  • The construction work began in February.
  • Erection of machinery was completed by December.

1981

  • The company commenced commercial production with an installed capacity of 11,856 spindles.

1986

  • The company expanded its capacity to 17,616 spindles.

1987

  • Members belonging to one union went on a strike on 9.5.1987 and the strike was called off on 6.7.1987
  • A section of workmen went on a strike on 21.7.1987.
  • The company declared a lock out on 22.7.1987.
  • The unit was re-opened on 9.12.1987.

1991

  • The company expanded its capacity to 19,128 spindles.

1992

  • The company expanded its capacity to 24,672 spindles.

1994

  • The company became a deemed Public Limited Company under Section 43A(1A) of the Companies Act, 1956 from 1.7.1994.
  • The company set up two Wind Turbine Generators at Muppandal, Kanya Kumari District, Tamil Nadu.

1995

  • The company completed installation of three more Wind Turbine Generators.
  • A fresh Certificate of Incorporation was issued on 9.2.1995.

2014

  • The Board recommended a dividend of 10% for the year.

2015

  • The company proposed to declare a dividend of 10%.

2016

  • Mr. A Hari Govind was appointed as a Director.

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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