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Sri Nachammai Cotton Mills Ltd
NSE: BSE: 521234
₹26.79
(0.04%)
Fri, 18 Sept 2026, 06:04 am
Market Cap (in Cr)10.86
PE Ratio0
Dividend0
Process Industries
Textiles
24.5KCompany History
1980
- Sri Nachammai Cotton Mills Limited was incorporated as a wholly owned subsidiary of The Jawahar Mills Ltd.
- The assets of the Chettinad unit of The Jawahar Mills Ltd were transferred to SNCM.
1982
- A transfer deed for the transfer of assets was executed and registered.
- The Company was converted into a Public Limited Company.
- The Company offered 46,000 equity shares of Rs.10/ each to the Public.
- The Company ceased to be a subsidiary of The Jawahar Mills Limited.
1984
- The Company issued 50,000 equity shares of Rs.10/- each for cash at par to the existing shareholders as right shares.
1987
- The Company made a bonus issue of 1,00,000 equity shares in the ratio of 1:1.
1989
- The Company made a bonus issue of 2,00,000 equity shares in the ratio of 1:1.
1991
- The Company made a bonus issue of 4,00,000 equity shares in the ratio of 1:1.
1993
- The Company made a bonus issue of 21,00,000 equity shares in the ratio of 21:8.
- The Company began merchant export of yarn for a value of Rs.35.69 lakhs.
1994
- The Company made a bonus issue of 2,90,000 equity shares in the ratio of 1:10.
2004
- The Board of Directors declared 10% Dividend on the paid up value of equity shares.
2006
- The Company declared 12.50% dividend on the paid up value of equity shares.
2008
- The Company designated an e-mail ID for grievance redressal division and compliance officer.