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Suryalata Spinning Mills Ltd
NSE: BSE: 514138
₹467.75
(3.40%)
Tue, 23 Jun 2026, 06:23 am
Market Cap (in Cr)196.28
PE Ratio5.63
Dividend0.43
Process Industries
Textiles
24.5KCompany History
1983
- The company was incorporated as a public limited company.
- The company obtained the Certificate of Commencement of Business.
- The company undertook to set up a spinning mill at Kalwakurthy.
1988
- The authorised capital was reclassified and increased.
- 20,000 equity shares were offered at par to the public.
1989
- A 750 KVA diesel generator set was installed.
- A licence was received for setting up a spinning unit in Bangalore, Karnataka.
1991
- The authorised capital was increased.
1992
- The company undertook the modernisation of its Kalwakurthy Unit.
- 13,80,000 shares were allotted in conversion of zero interest fully convertible debentures.
1993
- The installation of 7,200 spindles was in progress.
1994
- The company took up an expansion programme to install additional spindles at its Kalwakurthy and Ramtek Units.
2003
- The company allotted 70,250 Cumulative Redeemable Preference Shares of Rs. 100 each.
2004
- The company allotted 25,000 Cumulative Redeemable Preference Shares of Rs. 100/- each.
2005
- The company gave a bonus in the ratio of 1:2.
- The company recommended a dividend of 18%.
2006
- The company recommended a dividend of 20%.
2007
- Suryalata Spinning opened a new plant at Urukondapet, Andhra Pradesh.
- The company designated an E-mail ID for investor complaints.
2010
- The company recommended a dividend of 20%.
2011
- The company recommended a dividend of 30%.
2012
- The company recommended a dividend of 15%.
2013
- The company recommended a dividend of 15% on the face value of Rs. 10/- per share.
2014
- The company recommended a dividend of Rs. 1.50 per share.