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RSWM Ltd

NSE: RSWM BSE: 500350

₹154

(-2.49%)

Wed, 25 Feb 2026, 10:20 am

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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.

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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