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कृष्णा लाइफस्टाइल टेक्नॉलजी > कंपनी इतिहास > Textiles - Hosiery & Knitwear > कंपनी इतिहास का कृष्णा लाइफस्टाइल टेक्नॉलजी - बीएसई: 514221, NSE: SHREEKRPOL

कृष्णा लाइफस्टाइल टेक्नॉलजी

बीएसई: 514221  |  NSE: SHREEKRPOL  |  ISIN: INE218A01028  |  Textiles - Hosiery & Knitwear

कंपनी इतिहास - कृष्णा लाइफस्टाइल टेक्नॉलजी
YEAR                       EVENTS  
 1987 - The Company was incorporated on August 12, as a private
 limited
        company, under the name of Shree Krishna Polyester and
 Synthetic
        Pvt. Ltd.  It was converted into a Public Limited company
 with
        effect from January 16, 1989.
 
      - The Company is engaged in the manufacture of cotton yarn,
        synthetic yarn, texturised yarn, knitted favrics and garments
        with facilities for processing of knitted and woven fabrics
        besides financial services on a limited scale.
 
      - The Company has been promoted by Shri Ram Pratap Tayal, Shri
        Pravin Kumar Tayal, Shri Navin Kumar Tayal, Shri Sanjay Kumar
        Tayal and Shree Krishna Petro Yarns Ltd.
 
 1989 - The name of the company was changed from Shree Krishna
 Polyester
               to the present one in May.
 
 1992 - It undertook an expansion-cum-diversification scheme, in
 early
        envisaging setting up of texturising facilities alongwith 100
        circular knitting machines for manufacture of synthetic
 knitted
        fabrics.
 
      - The company has since increased the knitting capacity to 200
        circular knitting machines and that of texturised PFY to
 2,800
        tpa from its internal accruals.
 
      - The company also set up a plant for the manufacture of cotton
        yarn and for processing and mercerising cotton knitted fabrics
 at
        a total cost of Rs 212 crore.
 
      - The company has come out with a public issue of 23,40,000 No.
 of
        equity shares of Rs 10/- each at a premim of Rs 40/- per
 share
        aggregating Rs 1170 lacs in December.
 
 1993 - The Company is also intending to branch out into financial
        activities such as Leasing, Merchant Banking, Bill
 Discounting,
        Transactions relating to sale & purchase of shares,
        Inter-corporate deposits, Financing and other related
 activities
        as may be determined by the Board from time to time.
 
      - The Company had a minor fire at its fabric division, but due
 to
        proper fire fighting arrangements, was controlled.  The loss
 due
        to fire was fully insured and insurance claim of Rs. 264 lacs
        received.
 
      - The Company is expanding its spinning capacity from 12,000 tpa
 to
        18,000 tpa and speciality fabrics manufacturing and
 processing
        capacities from 18,000 tpa to 25,000 tpa.
 
 1994 - A Public Issue of 1,05,71,000 zero-interest unsecured fully
        convertible debentures of Rs 140/- each for cash at par
        aggregating Rs 148 crore was launched.
 
 1995 - The FCD with a face value of Rs 140/- was in two parts of Rs
 70/-
        each.  Part I of the FCD was converted, on allotment, into
 one
        Equity Share of Rs 10/- at a premium of Rs 60/- and Part II
 was
        converted on April 1st, into one Equity Share of Rs 10/- at a
        premium of Rs 60/-.
 
      - The Company is also issuing 2,57,38,132 No. of Equity Shares
 of
        Rs 10/- each by way of Rights Issue through a separate Letter
 of
        Offer.
 
 1996 - The domestic as well as international market is expanding
 through
        consumption patterns and design's are continuously changing. 
 The
        company is fully geared to meet these challenges.  Increase
 in
        the spinning capacity is envisaged with matching increase in
        processing capacity. 
 
      - Company has issued 16% Redeemable Cumulative Preference shares
 of 
        Rs. 200 lacs and privately placed Nonconvertible Debentures
 of
        Rs.15 Crores to various Investment Institutions.
 
 1997 - It is proposed to start a separate R & D wing for the
 production
        of coloured cotton and latest of Denim fabrics.
 
      - The Company has set up separate export division for production
 of
        premium quality Yarns as well as Garments.
 
 1998 - The Company has entered into a tripartite agreement dated
 June
        20, with Bigshare Services Pvt. Ltd., to enable investors to
 have
        a shareholding in electronic form.
 
 1999 - The Company has also entered into a tripartite agreement
 dated
        April 26, with Central Depository Services Limited (CDSL) and
        Bigshare Services Pvt. Ltd. for dematerialisation of its
 shares.
 
      - The board of directors of the company has decided to re-issue
        11,70,216 forfeited equity shares of Rs. 10 each at a premium
        of Rs. 11 to Delux Polymers Pvt. Ltd.  Consideration for the
        re-issue of shares is more than the current market price.
 
 2000 - Offer of 2,57,38,132 equity shares of Rs. 10/- each at par
              aggregating Rs. 25,73,81,320 on rights basis, in the
 ratio of
              one equity share for every two equity shares held on the
 record
              date, to the existing shareholders of the company.
 
            - The company is currently in the process of expanding
 its
              spinning capacities by 6000 tonnes at an estimated cost
 of Rs
              70 crore.
 
           - Shree Krishna Polyester, a part of the Shree Krishna
 Group, is
             set to enter the capital market with a public issue of
 2.50-crore
             equity shares, at par for Rs. 10 each, aggregating Rs. 25
 crores.
 
 
 2005
 
 -Delist  securities from Vadodara Stock Exchange Ltd (VSE) w.e.f.
 March 14, 2005.
 
 -Company has splits its Face value of Shares from Rs 10 to Re 1
 
 2009
 
 - Krishna Lifestyle Technologies Ltd has informed that the Board of
 Directors of the Company at its meeting held on June 12, 2009, inter
 alia, decided to appoint Shri V Sridar, Former Chairman and Managing
 Director of UCO Bank, as an Additional Director of the Company.
 
 2010
 
 -Company has changed its name from Krishna Lifestyle Technologies
 Ltd. to K-Lifestyle & Industries Ltd.
 
 2012
 
 -Mr. Farindra Bihari Rai and Mr. Jai Kumar Mishra has been appointed
 as a Directors of the company.
 
 2014
 
 -Shri Narayan Ghumatkar has been appointed as a Additional Director
 of the Company.
 
 
 
स्रोत: रेलीगरे टेचनोवा

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