Rajapalayam Mills Ltd
NSE: RAJPALAYAM BSE: 532503
₹808.50
(0.89%)
Thu, 05 Mar 2026, 05:39 am
Market Cap7.45B
PE Ratio9.31
Dividend0.06
Company History
1936
- The Company was incorporated at Rajapalayam.
1948
- 5,381 Bonus equity shares were issued in the proportion 1:1.
1958
- 5,281 Bonus equity shares were issued in the proportion 1:2.
1966
- Jayaram Mills Ltd. was amalgamated with the company.
- 750 No. of equity shares of the company were allotted to the shareholders of erstwhile Jayaram Mills Ltd.
1967
- 10,762 bonus shares were issued in the proportion 2:3.
1976
- 16,143 bonus shares were issued in the proportion 3:5.
1980
- 43,048 bonus shares were issued in the proportion 1:1.
1985
- 4 nos. L.R. high production cards model 'Christallina' type C 1/2A were added.
- 2 nos. L.R. high speed combers model E 1/4 were added.
- 1 no. Lakshmi speed frame model L.F. 1400 was added.
1986
- 20 nos. 'Kayar' double swift reeling machines were added.
- 2 nos. 'TEXTOOL DRT' double winder of 120 hukelite drums were added.
- 3 nos. Retex dry doublers of 400 spindler each were added.
- 1 no. Keyar heavy duty bundling press was added.
- 1 nos. texmag cone winder of 120 spindles was added.
- 1 no. Skoda 860 KVA diesel generator was added.
- 1 no. L.R. high speed comber model E 7/4 was added.
- 3 nos. Lakshmi Rieter high speed ring frames Model DJ/5 of 432 spindles each were installed.
- 4 nos. Lakshmi Rieter high speed ring frames Model DJ/5 of 448 spindles each were installed.
1987
- One line Lakshmi Rieter blow room was installed.
- 4 nos. Lakshmi Rieter High production cards, Christallina Type C 1/3 were installed.
- 1 no. of each Lakshmi Rieter draw frame Models DO/6 and DO/2s was installed.
- 1 no. Lakshmi Rieter open end spinning machine Model M 1/2 with 168 rotar was installed.
- 1 each of Lakshmi Rieter combers was installed.
- 4 nos. doubling machine were installed.
- 18 nos. Keyar double swift reeling machine were installed.
- 51,658 bonus shares were issued in the proportion 3:5.
1988
- 2 nos. L.R. High production cards 'Christallina' type C 1/3 were installed.
- 4 nos. Premier Cards Control autolevellers were installed.
- 2 nos. L.R. open end spinning machines model M 1/2 with 168 Rotors each were installed.
- A humidification plant and electrical accessories were installed.
1989
- The Company imported and installed one scalafhorst automatic cone winder model 238.
- 4 nos. L.R. high production cards were installed.
- 1 no. L.R. draw frame model DO/6 was installed.
- 1 no. open end spinning frame model M 1/2 with 168 Rotors was installed.
- 4 nos. Veejay-Lakshmi two for one twister were installed.
- 4 nos. Premier card control 2 auto leveller computers were installed.
1991
- The Company's 100% export-oriented spinning mill named 'Rajapalayam Spintex' was commissioned with 6000 spindles.
1993
- The Company installed 3 nos. 250 KW wind world make electric generators in Muppandal, near Nagercoil.
1994
- The Government of India gave its approval for starting a 100% EOU for exports to M/s. Unitika Ltd., Japan.
- 137,646 shares were issued.
1995
- 103 shares were issued.
1996
- The Company installed 1 No. Savio Auto Coner, 1 No. Speed Frame, 4 Nos. Doubling Frames, 1 No. Doubler Winder, and 2 Nos. 1250 KVA Generators.
- The Company undertook to set up a Tissue Culture Unit under the name and style of Shri Ramco Biotech.
- 5 shares were issued.
- 750 shares were issued to the shareholders of erstwhile Jayaram Mills Ltd.
2008
- Mr. A V Dharmakrishnan was appointed as an Additional Director till the end of the next Annual General Meeting.
2011
- The company acquired the entire 60,000,000 equity shares of RSPL from the shareholders of RSPL.
- 3,51,000 equity shares of Rs. 10 each were allotted to Shri. P R Ramasubrahmaneya Rajha, Chairman on a preferential basis.
- The company issued a bonus in the ratio of 1:1.
2012
- The merger of the Company's wholly owned subsidiary M/s. Rajapalayam Spinners Limited with its holding Company Rajapalayam Mills Ltd was completed.
2013
- Rajapalayam Mills Ltd amalgamated with its wholly owned subsidiary M/s. Rajapalayam Spinners Limited (RSL).
- Shri V. Santhana Raman was appointed as an Additional Director of the company.
2014
- Shri K B Nagendra Murthy was appointed as an Additional Director of the company.
- The Board recommended a final dividend of Rs. 7.50 per share.
2022
- The company issued rights shares of Rs. 10 in the ratio of 1:14 at a premium of Rs. 559 per share.
2024
- The Company completed the acquisition of 157,000 shares of The Ramco Cements Limited.
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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