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Morarjee Textiles Ltd logo

Morarjee Textiles Ltd

NSE: MORARJEE BSE: 532621

₹6.30

(5.00%)

Sun, 29 Mar 2026, 05:02 pm

Company History

1995

  • MTL was established as an equal joint venture company between Morarjee Realties Ltd and Manifattura DiValle Brembana SPA of Italy.

1997

  • The company achieved a turnover of Rs. 8.48 crores.

1998

  • The company commenced commercial production in January.

2003

  • MRL acquired the entire equity stake held by Brembana in the company for US$ 1 million.
  • MRL undertook a restructuring exercise and transferred its textile business to the company.

2006

  • The company issued rights in the ratio of 3:4.

2009

  • Ms. Rupa Desai was appointed Company Secretary and Compliance Officer.
  • The company issued rights in the ratio of 1:1.

2013

  • The Board recommended a dividend of Rs. 1.75 per share on equity shares of Rs. 7 each.

2014

  • The Board recommended a dividend of Rs. 2.45 per share on equity shares of Rs. 7 each.

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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