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Victoria Mills Ltd logo

Victoria Mills Ltd

NSE: BSE: 503349

₹5890

(0.68%)

Mon, 25 May 2026, 02:44 pm

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Company History

1913

  • The company was incorporated at Mumbai to manufacture and sell cloth, yarn, and cotton waste.

1943

  • 4,000 bonus shares were issued in the proportion 1:3.

1944

  • 10,000 bonus preference shares were issued in the proportion 1:1.

1945

  • 8,000 bonus preference shares were issued in the proportion 1:1.

1946

  • 8,000 bonus preference shares were issued in the proportion 1:1.

1949

  • 16,000 bonus equity shares were issued in the proportion 1:1 and equity shares were consolidated.

1960

  • 1,600 bonus equity shares were issued in the proportion 1:10.

1961

  • 4,400 bonus equity shares were issued in the proportion 1:1.

1966

  • 4,400 bonus equity shares were issued in the proportion 1:1.
  • The preference dividend was increased.

1969

  • 8,800 bonus equity shares were issued in the proportion 1:3.

1974

  • 14,080 bonus equity shares were issued in the proportion 2:5.

1978

  • 29,568 bonus equity shares were issued in the proportion 3:5.

1981

  • Preference shares were redeemed on 1st January.

1982

  • 19,712 bonus shares were allotted in January in the proportion 1:4.

1987

  • A general strike by transport workers in December paralyzed the transport of goods for 3 weeks.

1995

  • The company scrapped 576 ordinary looms, 96 narrow width draper looms, and 15,000 old spindles as part of a major restructuring programme.

1996

  • The company's overall performance was adversely affected due to increased labour costs, water charges, power tariffs, and sluggish market conditions.
  • The company proposed to hive off the textile division due to continuous operating losses and entered into an agreement with M/s. Oasis Fashion Pvt. Ltd.

1997

  • The company's performance was affected due to a tight liquidity situation.

2008

  • The company's email id for the Compliance Officer was updated to [email protected]

2009

  • The company's registered office was shifted to Victoria House, Pandurang Bhudhkar Marg, Lower Parel, Mumbai.

2011

  • The company recommended a dividend of Rs. 50 per share.

2012

  • The company recommended a dividend of Rs. 50 per share.

2013

  • The company recommended a dividend of Rs. 50 per share.

2014

  • The company recommended a dividend of Rs. 50 per share.