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PBM Polytex Ltd

NSE: BSE: 514087

₹51.71

(5.60%)

Wed, 25 Mar 2026, 06:47 am

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Company History

1919

  • The company was incorporated on 24th November as The Petlad Bulakhidas Mills Company, Ltd.

1945

  • The paid-up value of each equity share of Rs. 100 was reduced to Rs. 50 per share as per the order of the High Court of Baroda.

1948

  • The paid-up value of each equity share was raised to Rs. 100 and the company capitalised an amount of Rs. 4,73,650.

1949

  • 9,473 - 4% bonus pref. shares were issued to the Equity shareholders in the ratio of 1:1.

1969

  • The Gujarat High Court slashed the paid-up value of each equity share to Rs. 23.
  • The paid-up value of every pref. and Equity share was reduced to Rs. 21 and 23 respectively.

1970

  • 32,959 equity shares were issued as fully paid-up under the scheme.

1974

  • 42,432 bonus equity shares of Rs. 23 each were issued in the ratio of 1:1.

1978

  • The management of the company was taken over by the House of Patodia.

1986

  • The company's name was changed from The Petlad Bulakhidas Mills Co., Ltd., to PBM Polytex, Ltd.
  • Pref. shares were redeemed on 1.1.1987.

1987

  • The company issued 90,000 - 15% non-convertible debentures of Rs. 100 each.
  • 4,50,000 equity shares of Rs. 10 each were issued for cash at a premium of Rs. 2 per share.

1988

  • The company set up a synthetic yarn texturising and twisting project at Pipari in the Union Territory of Dadra and Nagar Haveli.

1989

  • Esotex Industries and Exports Ltd., a 100% Export Oriented spinning unit, commenced commercial production.
  • 5,37,500 Bonus equity shares were issued in the ratio of 1:4.

1990

  • The company issued 14% non-convertible debentures worth Rs. 99 lakhs to SBI Mutual Fund.
  • 7,00,000 equity shares were issued with a premium of Rs. 8 per share.

1991

  • The company set up a new unit at Bargaon in Chhindwara district to manufacture export variety yarn.

1993

  • 16,93,750 Rights shares were issued in the ratio of 1:2.

1995

  • 10,16,250 Rights Equity shares were issued at par in the ratio of 1:5.

1996

  • The company proposed to issue 20,32,500 equity shares for cash at par on a rights basis.

2005

  • The company recommended a dividend of 6% on the Paid Up Capital.

2006

  • The company recommended a dividend of 9% on the Paid Up Capital.

2007

  • The company recommended a dividend of 10% on the Paid Up Capital.

2010

  • The company recommended a dividend of 20% on the Paid Up Capital.

2011

  • PBM Polytex Board recommended a dividend of 10% on the Paid Up Capital.

2012

  • The Company Board recommended a dividend of 15% on the Paid Up Capital.

2013

  • PBM Polytex Ltd recommended a dividend of 20% on the Paid Up Capital.

2014

  • PBM Polytex Ltd recommended a dividend of 25% on the Paid Up Capital.

2015

  • PBM Polytex Ltd won a silver medal award in category 1 of cotton yarn exports from the Textile Export Promotion Council.

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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