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Rajkamal Synthetics Ltd logo

Rajkamal Synthetics Ltd

NSE: BSE: 514028

₹36.96

(-0.11%)

Sun, 29 Mar 2026, 09:08 pm

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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.

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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