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सीटी कॉटन यार्न > कंपनी इतिहास > Textiles - Spinning - Cotton Blended > कंपनी इतिहास का सीटी कॉटन यार्न - बीएसई: 500094, NSE: CTCOTTON

सीटी कॉटन यार्न

बीएसई: 500094  |  NSE: CTCOTTON  |  ISIN: INE107D01019  |  Textiles - Spinning - Cotton Blended

कंपनी इतिहास - सीटी कॉटन यार्न
1990 - CT Cotton Yarn Ltd. was incorporated as a Public Limited Company on 7th August, and obtained the certificate of commencement of business on 26th September. It was promoted by Capital Trust Ltd. and V. P. Punj. The Main objects of the Company is to manufacture cotton yarn. - The Company undertook to set up a 100% Export Oriented Unit with a complement of 26,208 spindles for the manufacture of combed cotton yarn of medium and fine counts. 

1994 - 7 No. of equity shares subscribed for by Signatories to the Memorandum of Association. 162,79,993 No. of equity shares of Rs. 10 each were then issued in February 1992 as follows: - 1. On Firm Allotment Basis: (i) 43,40,000 shares to promoters, directors etc., - (ii) 24,00,000 shares to NRIs on repatriation basis. Of the remaining, the following shares were reserved allotment on a preferential basis: - (i) 8,14,000 shares to employees of the Company as well as promoter Company (Only 3,28,500 shares taken up). - (ii) 1,00,000 shares to NRIs on repatriation basis. Balance 86,26,000 shares along with 485,500 shares not taken up by employees were issued to the public. Additional 24,42,000 shares were allotted to retain oversubscription. (3,76,000 shares to NRIs under firm allotment, 14,16,000 shares to public; 15,000 shares to NRIs under preferential quotes, 6,45,000 shares to promoters.
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