Texmaco Infrastructure & Holdings Ltd
NSE: TEXINFRA BSE: 505400
₹92.67
(0.39%)
Mon, 16 Mar 2026, 01:26 am
Market Cap11.72B
PE Ratio103.15
Dividend0.16
Utilities
Electric Utilities
24.5KCompany History
1939
- Incorporated on 4 August in Calcutta.
1946
- Issued 25,000 right redeemable preference shares at par.
- Issued 300,000 right shares at par.
1955
- Issued 900,000 rights equity shares of Rs. 10 at par (3:2).
1959
- Issued 100,000 6.25% right preference shares at par.
1963
- Collaboration agreement with Zinser Textilemaschinen, West Germany, for high quality ring frames.
1970
- Government approved collaboration with Howa Machinery Ltd., Japan, for high speed carding engines, simplex and draw frames.
1971
- 8,544 8.928% preference shares redeemed on 30 September 1991.
- Raised dividend rate on 8.928% preference shares to 9.3%.
- Issued new 9.3% preference shares redeemable 31 December 1980.
1972
- Government approved collaboration with H.W. Ward & Co. for 2-D capstan lathe.
- Redeemed 380 9.3% preference shares.
1973
- Redeemed 50 9.3% preference shares.
1975
- To utilise capacity for jute machinery manufacture for Swadeshi Jute Machinery Corporation Ltd. JV with Star Textile Engineering Works Ltd.
1977
- Redeemed 91,016 9.3% preference shares.
1979
- Acquired MICCO factory at Sukchar, renamed Sodepur Works, including industrial licence.
1980
- Agreement with Howa Machinery Ltd., Japan, for high-speed frames.
- Received letter of intent for cement mill machinery.
1981
- Took over Birla Cotton Spg. & Wvg. Mills Ltd. units: Delhi textile mill (renamed Birla Textiles), Kathua spinning mill, 4 ginning factories, oil mills, dairy.
- Allotted 375,000 equity shares to Birla Cotton Spg. & Wvg. Mills Ltd. as takeover consideration.
1982
- Geared Sodepur Works Unit 3 for pressure vessels, heat exchangers, chemical machinery.
- Acquired ship 'RENUSAGAR' (27,330 DWT bulk carrier).
1983
- Technical collaboration with Howa Machinery Ltd., Japan, for high production cards.
- Technical collaboration with Toyoda Automatic Loom Works Ltd., Japan, for long length ring frames.
- Acquired Panihati works fixed assets from Oriental Machinery & Civil Construction Ltd.
1984
- Labour lockout 10 January to 10 April.
- Rs. 560 lakhs modernisation for spinning and processing divisions.
- Formed Texpro Construction Co. Ltd. JV with Protaxa Group, Mexico.
- Licensed capacity enhanced to 1,035 units.
1985
- Entered 2-year working arrangement with UGSL for Birla Textiles spinning/processing and 4 ginning factories from 1 September.
- Commenced diesel forklift truck manufacture with Lansing Ltd., UK.
- Revalued engineering fixed assets; Rs. 3,484.58 lakhs surplus to capital reserves.
- Incorporated WEBEL-TEXMACO ELECTRONICS LTD. with WEBEL (later abandoned).
1986
- Technical collaboration with Wallsend Boilers Ltd., UK, for FBC steel boilers.
- Technical collaboration with Combustion Systems Ltd., UK, for FBC water tube boilers.
- Proposed manufacture of trucks up to 40 tonnes.
1987
- Extended UGSL working arrangement for Birla Textiles and ginning factories for 5 years from 1 July.
- Delivered first 40 tonne diesel forklift to Tuticorin Port Trust.
- Promoted Texmaco (UP) Ltd. with PICUP and UP State Textiles Corporation.
1988
- Proposed production of special wagons for defence.
1989
- Technical collaboration with Howa Machinery Ltd., Japan, for combers.
- Technical collaboration with Salzgitter Maschinenbau GmbH, West Germany, for sugar centrifugals.
- Received industrial licences for vibratory compaction equipment and railway track machinery.
- Reference made to BIFR under Sick Industrial Companies Act.
1990
- Issued 707,289 equity shares at par for loan conversion.
- Received letter of intent for longwall face mining equipment.
1991
- Government approved collaboration with Standard Car Truck Co., USA, for freight bogies.
- Government approved collaboration with CDFI, France, for longwall mining equipment.
- Undertook cement plant setup with Holtec Engineers consultancy.
- Installed additional DG set.
- BIFR issued draft rehabilitation scheme for cement division.
1992
- Entered working arrangement with Zuari Agro Chemicals Ltd. for Yerranguntla cement factory.
1994
- Transferred Yerranguntla cement unit to Zuari Agro per MOU dated 28 October.
- Wagon production affected by railway procurement cuts.
1995
- Machinery offtake affected by liquidity crunch.
1996
- Birla Textiles Delhi unit closed per Supreme Court order w.e.f. 30 November.
- Joined partnership for 5% share to relocate Birla Textiles to Baddi, Himachal Pradesh.
- Issued 25,81,089 right equity shares at Rs. 50 premium (1:1).
1997
- Restricted production to cardings, draw frames, simplex frames.
1998
- Redeemed preference shares.
2003
- Agreement with K Raheja Group for Worli, Mumbai leasehold property development.
2004
- Bagged order from NTPC.
2006
- Secured order from Container Corporation of India.
2009
- Split face value from Rs. 10 to Rs. 1.
2010
- Board recommended 90% dividend (Re. 0.90 per share).
2011
- Board recommended 10% dividend (Rs. 0.10 per share).
2012
- Board recommended 15% dividend (Re. 0.15 per share).
- Changed name to Texmaco Infrastructure & Holdings Ltd.
- Changed trading symbol to TEXINFRA w.e.f. 20 March.
2013
- Board recommended 15% dividend (Re. 0.15 per share).
2014
- Board recommended 15% dividend (Re. 0.15 per share).
2017
- SJM Group with real estate arm of Adventz Group to launch Dh 1 billion project.
2019
- Acquired Valley View Landholdings Private Limited.
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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