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Tue, 29 Sept 2026, 04:43 pm

Company History

1988

  • Spice Islands Apparels Ltd. was incorporated as a Private Limited Company on December 28.

1989

  • The company started export of readymade garments mainly to UK, Japan and EEC.

1991

  • The Equity Share Capital of the Company comprised of 10,000 Equity Shares of Rs.10 each aggregating Rs.100,000.

1994

  • The Company was converted into a Public Limited Company.
  • A fresh certificate of incorporation was obtained on October 6.
  • The Company issued 1,150,000 Bonus Shares of Rs.10 each.
  • The Company issued 1,740,000 Bonus Shares of Rs.10 aggregating Rs.174 lacs in March.

2011

  • The Registered Office of the Company was shifted from 62-B, Mittal Towers, to 125-A, Mittal Towers, Nariman Point, Mumbai.

2012

  • The Board recommended a dividend of 0.75 per share.

2024

  • The company name was changed to Spice Islands Industries Ltd. from Spice Islands Apparels Ltd.