Rajkamal Synthetics Ltd
NSE: BSE: 514028
₹20.92
+1.62 (8.39%)
Sat, 24 Oct 2026, 04:07 pm
Market Cap (in Cr)14.09
PE Ratio105.44
Dividend0
Process Industries
Textiles
24.5KRajkamal Synthetics Ltd Company History
1981
- The company was incorporated as a Pvt. Ltd. Company in the name of Shree Balaji Calendering Pvt. Ltd. on 2nd May.
1982
- The company changed its name to Balaji Prints Ltd. on 25th November.
- The company was converted into a public limited company on 17th December.
1983
- The company set up a cotton-cum-synthetic textile processing unit in MIDC Phase - I Industrial Area at Dombivli in Thane.
- The company issued 2,43,970 shares to promoters, directors, etc., and offered 1,50,000 shares for public subscription, all of which were taken up.
1985
- The company undertook to set up a processing house for synthetic fabrics at Sachin, near Surat in Gujarat State with an installed capacity of 25,000 meters per day.
1986
- The company set up a division under the name and style 'International Cloth Agency' at Kalbadevi Road in Mumbai.
- The company changed its name to Rajkamal Synthetics Ltd.
- The company issued 4,50,000 - 15% non-convertible debentures of Rs. 100 each as rights to equity shareholders.
- The company issued 19,10,000 equity shares at par as rights and 95,000 equity shares at par to employees.
1987
- The company installed machinery and equipped the unit with the latest generation of processing technology/machines for cotton/synthetic fabric production.
- The company proposed to set up a texturising unit at Silvassa, a Centrally notified backward area in the Union Territory of Dadra and Nagar Haveli.
- The company allotted 4,05,000 - 15% non-convertible debentures of Rs. 100 each to equity shareholders.
1991
- Production, sales, and profitability were affected due to the Gulf crisis and increasing competition in the local market.
1992
- Production and profitability were affected due to cyclone damage, plant revamping, communal riots, and a fire in the plant.
1993
- The company suspended manufacturing activity at its plant at Surat since June.
2008
- The company designated an email id exclusively for grievance redressal division/compliance officer: [email protected]
2011
- The company received permission from the Bombay Stock Exchange for a preferential issue in favor of unsecured creditors and promoters/co-partners for Rs 475 lakhs.
2012
- The Board of Directors of the Company appointed Mr. Ashok H. Jakhotia and Mr. Jagdish B. Ladha as Independent Directors.
