RSWM Ltd
NSE: RSWM BSE: 500350
₹199.96
-4.75 (2.32%)
Thu, 22 Oct 2026, 11:05 pm
Market Cap (in Cr)960.17
PE Ratio14.89
Dividend0
Process Industries
Textiles
24.5KRSWM Ltd Company History
1960
- The company was incorporated on 17th October at Calcutta.
1961
- The company issued equity shares to directors and the Rajasthan Government.
- The company offered equity shares to the public.
1970
- The company issued bonus equity shares in the proportion 3:10.
1973
- The company issued bonus equity shares in the proportion 7:13.
1976
- The company allotted equity shares to financial institutions on conversion of loans.
- The company issued bonus equity shares in the proportion 1:1.
1978
- The company redeemed 6,000 9% preference shares.
- The company issued 30,000 11% preference shares to GIC and its subsidiaries.
1980
- The company received a letter of intent for the manufacture of polyester sewing thread.
- The company entered into a collaboration agreement with Zwicky & Co., Switzerland.
- The company allotted equity shares to financial institutions on conversion of loans.
1981
- The company issued bonus equity shares in the proportion 1:3.
1986
- The company received registration for a sponge iron project.
- The company received letters of intent for setting up a worsted spinning project and a process house.
1987
- The labour trouble was settled.
- The company undertook a modernisation programme.
1990
- The company added spindles at the Banswara Unit.
1991
- The company issued bonus shares in the proportion 1:1.
1992
- The company undertook expansion of spindles of polyester viscose yarn at Banswara.
- The company undertook a project for manufacture of P/C yarn at Banswara.
- The company installed spindles at Bhilwara for manufacture of milange yarn.
- The company signed a Memorandum of Understanding with the Madhya Pradesh Government for rock phosphate beneficiation.
1993
- The company signed MOUs with Himachal Pradesh Government for implementing power projects.
- The company formed a joint venture, Bhilwara Melba De Witte Ltd, with Australian and Belgian partners.
1994
- The company installed spindles on polyester blended yarn at Kharigram unit.
- The company installed singeing and dyeing machines for manufacture of 'Mayur' fabrics.
- The company undertook a project for manufacture of polyester staple fibre.
- The company promoted Bhilwara Cellular Ltd. with a US-based cellular company.
- The company promoted a consultancy company with RSW International, Montreal, Canada.
- The company issued bonus shares in the proportion 1:1.
1995
- The company entered into negotiations with Dominion Textile Inc. for a 51:49 partnership.
1996
- The company's overall performance improved due to higher sales volume and better product-mix.
- The company planned to complete expansion plans by adding spindles and looms.
- The company entered into a 50:50 joint venture tie-up with Calum Australia Pty. Ltd.
1997
- The company set up a separate power division.
- The company proposed to amalgamate Bhilwara Spinners Ltd. with itself.
- The company entered into a joint venture agreement with Calum Australia Pvt. Ltd. and De Witte Lietaer of Belgium.
1998
- Malana Power Company Limited proposed to wheel power from Himachal Pradesh to Rajasthan for captive consumption.
2000
- The company signed agreements with NSDL and CDSL to facilitate dematerialised trading of its equity shares.
2003
- The company's equity shares were delisted from The Delhi Stock Exchange Association Limited.
2004
- Rajasthan Spg forayed into readymade garments.
2006
- The company changed its name from Rajasthan Spg. & Wvg. Mills Ltd. to RSWM Ltd.
2012
- Shri Arun Churiwal was re-appointed as Managing Director.
2013
- RSWM Ltd recommended 100% dividend on Equity Shares.
2014
- RSWM Ltd recommended 125% dividend on Equity Shares.
2022
- The company issued rights shares of Rs. 10 in the ratio of 1:1 at a premium of Rs. 90 per share.
