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Shree Rajasthan Syntex Ltd logo

Shree Rajasthan Syntex Ltd

NSE: SHRERAJSYN BSE: 503837

₹13.20

(-4.97%)

Tue, 03 Mar 2026, 03:56 pm

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Company History

1979

  • The company was incorporated on 15th November in Rajasthan.
  • The company was promoted jointly by Rajasthan State Industrial Development & Investment Corporation Ltd. and three technocrats.

1981

  • 4,06,900 shares were taken up by promoters, directors, etc.
  • 4,23,100 shares were issued to RIICO.
  • 8,00,000 shares were offered at par to the public in November.

1982

  • 70,000 shares were issued at par to promoters.

1983

  • The Company proposed to expand the installed capacity from 13,680 spindles to 18,960 spindles.
  • 55,000 shares were issued at par to promoters.

1984

  • A 1150 KVA SKL diesel generating set was installed to take care of the captive power requirements of the second phase expansion.

1985

  • 8,77,300 equity shares were issued at par.
  • 8,77,500 shares were issued as rights in the proportion 1:2, and all were taken up.

1986

  • The Company undertook a modernisation programme to update its plant and machinery.

1987

  • The overall working was affected due to competition from polyester/nylon filament yarn and high cost of power generation.
  • New varieties of yarn were introduced during the year.

1988

  • Approval from the Government was received for the manufacture of 5000 tonnes per annum of polypropylene multifilament yarn.

1989

  • Modern carding machines were installed.
  • Effective steps were taken to put up 2,000 tonnes multifilament polypropylene yarn.
  • The company undertook the installation of latest carding machines as part of its modernisation programme.
  • The company's high value fancy yarns and new varieties were well received in the market.

1991

  • New varieties of dyed fancy yarns were developed and well received in the market.
  • 1,290 spindles were added and a modern autoconning machine and two for one twisters were installed.
  • The polypropylene multifilament yarn project was commissioned.
  • 26,42,250 rights equity shares were issued at a premium of Rs 15 per share.
  • 3,93,802 additional shares were allotted to retain oversubscription.
  • 1,24,100 shares were allotted to employees at a premium of Rs 15 per share.

1993

  • 7,680 spindles were commissioned.

1994

  • 4,60,000 equity shares of Rs 10 were allotted to ICICI on account of conversion of privately placed PCDs.
  • 8,00,000 equity shares of Rs 10 each were allotted to FIIs on a private placement basis.
  • 2,00,000 equity shares arising on conversion of warrants were allotted to the company's employees welfare trust on a private placement basis.
  • 30,000 equity shares of Rs 10 each were allotted to SRSL Securities Ltd. on conversion of warrants on a private placement basis.

1998

  • 5,00,000 Cumulative Redeemable Preference Shares of Rs. 100 each were allotted to IDBI on a private placement basis.

2011

  • The Board recommended a dividend of 10%.

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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