SRF Ltd
NSE: SRF BSE: 503806
â‚ą2458.70
+30.10 (1.24%)
Sun, 08 Nov 2026, 09:47 am
Market Cap (in Cr)71460.61
PE Ratio31.93
Dividend0.41
Process Industries
Industrial Specialties
24.5KSRF Ltd Company History
1970
- The Company was incorporated on 9th January at New Delhi.
- The Company was promoted by Cloth and General Mills Company Limited.
- The Company entered into a technical collaboration agreement with Chemtex Fibre Inc and Chemtex Engineering of India Limited.
- The Company obtained knowhow from Unitika Limited Japan through Chemtex Fibres Inc.
- Shriram Bearings Limited and Shriram Needle Bearing Industries Limited became subsidiaries of the Company.
1980
- The name of the company was changed from Shri Ram Fabrics Limited to SRF Limited.
1993
- The company set up a pilot plant for the production of Halons.
1995
- SRF Overseas Limited was set up as a wholly owned subsidiary company in British Virgin Islands.
- SRF Emirates Limited became a subsidiary and is engaged in trading activities in Middle East.
1996
- SRF Overseas Limited set up a plant in Jebel Ali Free Trade Zone for converting tyre yarn into tyrecord fabric.
- The company's wholly owned trading subsidiaries performed well.
1997
- The company's plants at Manali and Viralimalai obtained ISO 9000 certification.
- The Company's wholly owned subsidiary investment companies entered into an agreement with GE Capital.
- SRF Overseas Ltd received ISO 9002 certification from KPMG Peat Marwick LLP.
- SRF Ltd set up a joint venture with Eassilor to market advanced ophthalmic lenses.
1998
- SRF Ltd signed a joint venture agreement with Essilor International SA.
- SRF Ltd launched R-23, a hydrofluorocarbon.
- The Company entered into a technology agreement with Trelleborg Industri AB for the manufacture of Dipped EP Belting Fabrics.
1999
- SRF Ltd entered into a tie-up with Bharti BT to inter-link its business operations.
- SRF and DuPont set up a 50:50 joint venture to manufacture nylon yarn.
- SRF launched an employee stock purchase scheme for officers.
2000
- The company issued 28,43,600 equity shares to the employees under the ESPS.
- NRB Bearings Ltd entered into an agreement with SRF Ltd to acquire its entire shareholding in Shriram Needle Bearing Industries Ltd.
- The Company entered into an agreement with NRB Bearing Ltd for the sale of equity shares of Shriram Needle Bearing Ltd.
- SRF Ltd embarked on a major acquisition plan to emerge as the third-largest player in the world in the tyre cord market.
- The Company proposed to preferentially issue equity shares to E.I. DuPont de Nemours and E.I. DuPont India Ltd.
- Mr. K. Ravichandra was appointed as Wholetime Director of the company.
2001
- All shareholders of SRF Ltd received one equity share of SRF Chemicals Ltd for every 10 shares of SRF held by them.
- The board of directors approved a restructuring scheme that envisages the merger of Tyrecord Fabrics Ltd.
2002
- Shri Arvind N. Lalbhai resigned from the Board of Directors.
- Mr Bhiku Ram Jain and Mr J B Dadachanji ceased to be Directors.
- Mr M V Subbiah, Mr Satish K Kaura, Mr Analjit Singh and Mr Vinayak Chatterji were appointed as additional Directors.
2003
- Bharat Ram was appointed as the new CEO.
- SRF Board approved the sale of SRF Infotel.
- The shares of the Company were delisted from The Stock Exchange - Ahmedabad.
2004
- The Madras Stock Exchange Ltd approved the delisting of equity shares of the Company.
- SRF Polymers Ltd acquired 16,92,192 Equity Shares of SRF Limited.
- Medusind Solutions acquired SRF Infotech for Rs 3 crore.
- SRF was granted a patent by the US Patent & Trademark Office.
- Mr Arun Bharat Ram was elevated to the position of Chairman and Managing Director.
2007
- SRF is establishing a Rs 250-cr polyester yarn unit in Tamilnadu.
- The Registered Office of the Company was shifted from New Delhi to Safdarjung Development Area, New Delhi.
2008
- SRF acquired a Thai-based tyre cord company.
- SRF appointed Karvy Computerschare Pvt. Ltd as Registrar and Share Transfer Agent.
- SRF Ltd approved a proposal to acquire the Engineering Plastic business and Industrial Yarn business from SRF Polymers Ltd.
2009
- SRF declared an interim dividend of 70%.
2010
- SRF is investing Rs 1,000 cr on a specialty chemicals plant in Gujarat.
- SRF declared an interim dividend of 70%.
2011
- SRF Board approved Rs. 665 cr capex projects and interim dividend and buy back.
- The company witnessed an increase in the net profit by 51%.
2012
- SRF Chemicals Business won the prestigious Deming Prize.
- SRF commissioned and capitalized a project approved by the Board of Directors at an aggregate cost of Rs. 8.28 Crores.
2013
- SRF Ltd. commissioned Board approved projects at SRF’s Chemical Complex at Dahej (Gujarat).
2014
- The Company appointed Dr. Meenakshi Gopinath as an Additional Director.
- SRF approved a capital expenditure proposal of Rs. 11 Crores for augmenting production facility for specialty chemicals.
2015
- SRF acquired Global DuPont Dymel HFC 134a Pharma Business.
2016
- SRF commissioned a project worth Rs 43.73 cr in Gujarat.
- SRF Ltd. commissioned and capitalized projects approved by the Board of Directors.
- SRF Ltd. approved Rs 345 crore capex for two chemical plants.
2017
- SRF Ltd. started trial production of projects approved by the Board of Directors.
- SRF Limited expanded its refrigerants portfolio.
- SRF is setting up a Rs 356 cr integrated facility for HFC.
2018
- SRF Ltd. commissioned and capitalized a capital expenditure proposal approved by the Board.
2019
- SRF Ltd. is setting up a BOPP Film Line in Thailand by SRF Industries (Thailand) Ltd.
2020
- SRF board approves setting up of Rs 315 cr chloromethane plant.
2021
- SRF Ltd. announces bonus share issue in the ratio of 4:1.
2022
- SRF board approved projects for setting up of four new plants and capacity enhancement of an existing plant to produce various speciality chemicals at an estimated cost of Rs. 604 Crores.
- SRF board approved the setting up of a dedicated facility to produce 200 MT per year of P16 specialty product at Dahej, India at an approximate cost of Rs 17.5 crore.
