pocketful logo
Pasupati Spinning & Weaving Mills Ltd logo

Pasupati Spinning & Weaving Mills Ltd

NSE: PASUPATSPG BSE: 503092

₹31.56

(6.62%)

Wed, 25 Feb 2026, 10:26 pm

mtf coin illustrationMTF 5x

Company History

1979

  • The company was incorporated on 13th August.
  • The certificate of commencement of business was obtained on 10th September.

1982

  • 7,80,000 shares were taken up by promoters.
  • 2,00,000 shares were allotted to Haryana Govt.
  • 9,70,000 shares were offered at par for public subscription during January.

1986

  • 82,500 No. of equity shares were issued at par in conversion of unsecured loan.

1987

  • The Company installed 14 more ring frames along with balancing equipments.
  • It was proposed to install additional 4 ring frames.

1988

  • The workers of the factory went on strike on 27th January.
  • The workers resumed work on 10th February after negotiations.

1989

  • Effective steps were taken to implement the scheme of expansion of spinning capacity by 960 spindles.
  • The Company proposed to install 24 looms for the manufacture of Terry Towel for 100% export.

1991

  • The Company issued 2,03,252 - 14% secured redeemable partly convertible debentures.
  • Additional 30,488 debentures were allotted to retain over subscription.
  • 10,160 - 14% partly convertible debentures were offered to the employees of the Company.
  • Part A of each debenture will be converted into 5 No. of equity shares on the expiry of 6 months from the date of allotment.
  • Part B of each debenture will be redeemable at par in 3 instalments at the end of 7th, 8th and 9th years respectively from the date of allotment.

1992

  • The implementation of expansion scheme was delayed due to late delivery of machines.
  • Machinery started arriving from July.
  • The Company decided to expand the Capacity by further 12,480 spindles of polyester viscose knotless yarn.
  • The Company promoted a new project in the name of Pasupati Taoru Ltd. for implementing 100% Export Oriented Project for manufacture of Terry Towel.

1993

  • 11,70,150 shares were allotted on conversion of 14% PCD's.

1994

  • 23,53,856 shares were allotted on conversion of 15% partly convertible debentures.
  • 15,00,000 No. of equity shares of Rs. 10 each were allotted to promoters.

1995

  • The Company became self sufficient in power by installing its own power generation capacity.
  • The Company entered into contracts with foreign buyers for export of 30% of its sewing thread production.
  • The Company undertook expansion of its capacity for manufacture of synthetic blended yarn by adding 1920 spindles.
  • The Company expanded its 100% cotton yarn EOU capacity from 12,096 spindles to 28,224 spindles.

1996

  • The Company diversified into the manufacture of 100% polyester sewing thread.
  • A new unit was installed at village Kheri, Dist. Sirmour, Himachal Pradesh with 13440 spindles.

Open Your Free Demat Account Now!

Step into a world of zero fees and limitless opportunities!

pocketful logo

2022-25 Pocketful. All rights reserved, Built with in India

Version -5.76

app image 1app image 2

Stocks:

AllABCDEFGHIJKLMNOPQRSTUVWXYZ

Explore

Calculatorsfooter arrow down icon
Popular Calculatorsfooter arrow down icon
Group Stocksfooter arrow down icon

Others:

NSEBSECDSLNSDLSEBIMCXMSEINCDEXNSE IFSCINDIA INXAccount Closure FormDP Investor CharterBroker Investor Charter

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