मैराथन नेक्स्टजेन रीयाल्टी > कंपनी इतिहास > Construction & Contracting - Real Estate > कंपनी इतिहास का मैराथन नेक्स्टजेन रीयाल्टी - बीएसई: 503101, NSE: MARATHON

मैराथन नेक्स्टजेन रीयाल्टी

बीएसई: 503101  |  NSE: MARATHON  |  ISIN: INE182D01012  |  Construction & Contracting - Real Estate

कंपनी इतिहास - मैराथन नेक्स्टजेन रीयाल्टी
YEAR                                                 EVENTS
 1978 - The company was incorporated on 13th January, and the
 Certificate
        of Commencement of Business was obtained on 9th February.  It
 was
        promoted as an investment company under the name Mahadevi
        Investment Co., Ltd. with effect from 1st July, Piramal Spg.
 &
        Wvg. Mills, Ltd.
 
      - The main objective of the company is to manufacture cotton 
        textile and blended fabrics.
 
      - 20,000 shares subscribed for by promoters, etc. and 30,000
 shares
        offered at par for public subscription during August.
 
 1979 - The amalgamation was sanctioned by the Mumbai High Court by
 its
        order on 21st June.
 
      - After the amalgamation the name of the company was changed to
        Piramal Spg. & Wvg. Mills Ltd. on 9th November.
 
      - Authorised capital reclassified.  17,15,000 No. of equity
 shares
        issued without payment in cash to the members of Piramal, Spg.
 &
        Wvg. Mills Ltd., on its amalgamation with the Company in the
        prop. 7 shares of Mahadevi Investment to 4 shares of Piramal
 Spg.
 
 1985 - The company revalued the fixed assets of its mills at Mumbai
 and
        at Ambarnath as on 30th June.  
 
 1986 - The company launched its third phase of modernisation
 programme
        at a capital outlay of Rs. 4 crores envisaging installation
 of
        automatic looms and certain balancing equipments.
 
 1989 - Improvements were attributed to availability of adequate raw 
        materials as reasonable prices, improvement in quality of
 yarn
        and fabrics, increased demand for local and export fabrics
 etc.
 
      - The company finalised its fourth phase of modernisation
 programme
        involving a capital outlay of Rs. 298 lakhs for renovation in
 the
        spinning preparatory for upgradation of quality of yarn, for
        installation of auto looms and other machinery to cater to
 the
        requirements of exporters of garments etc.
 
 1990 - Most of the machinery required for the 4th phase of
 modernisation
        programme was installed.
 
 1991 - With effect from 1st April, the Niranjan Mills Ltd.
 (Niranjan)
        was amalgamated with the Company pursuant to a scheme
 processed
        under the Sick Industrial Companies (Special Provisions) Act,
        1985.
 
      - 1,50,000 No. of equity shares issued pursuant to a scheme of
        amalgamation.
 
 1992 - The setback in the working was attributed mainly to steep hike
 in
        cotton prices, high cost of inputs and underutilisation of
        capacity in the Company's unit due to changeover of the
 product
        mix from local market to exports and ready made garments.
 
      - In order to finance partly the 5th phase of the modernisation
        programme and to meet the working capital requirements, the
        Company offered during September/October, 9,04,837-17%
 secured
        redeemable partly convertible debentures of Rs. 100 each in
 the
        following manner:
 
      - (i) 8,61,750 debentures to the equity shareholders of the
 company
        in the ratio of 9 debenture for every 20 equity shares held
 (all
        were taken up) and
 
      - (ii) 43,087 debentures to the employees including Indian
 working
        directors/workers of the Company (only 900 debentures were
 taken
        up).  The unsubscribed 42,187 debentures were allowed to
 lapse.
 
      - As per the terms of the debenture issue, a portion of Rs. 50
 of
        each debenture (Part-A) was converted into one equity share
 of
        Rs. 10 at a premium of Rs. 40 per share as on 31st May, 1993.
 
      - The non-convertible portion of Rs. 50 (Part-B) of each
 debenture
        would be redeemed in 5 equal instalments of Rs. 10 each on
 the
        expiry of 5 years from the date of allotment of convertible 
        deventures.
 
 1993 - The inflationary tenderises prevailing in the textile
 industry, 
        the overall working could have been still higher.  The
 Company
        considered disposal of the Lower Parel unit by shifting the
        machinery therein to the Ambernath unit.  The 5th phase of
 the
        modernisation programme was under implementation.
 
      - 8,62,650 No. of equity shares of Rs. 10 each allotted at a
 prem.
        of Rs. 40 per share on part conversion of part A of 17% PCD.
 
 1995 - Despite several problems plauging the composite mill sector,
 the
        company registered a marginal increase in sales volume. 
        Moreover, the processing sections which were earlier being
        operated at Lower Parel unit & Ambernath unit were brought
 under
        one roof by June.
 
      - The company submitted an application to the IFCI for a loan
 of
        Rs. 17 crores for modernisation of its spinning and weaving
        departments at its Lower Parel division.  Also, a moderate
        modernisation programme for its division at Surat.
 
 1996 - Company has faced problems due to sluggish market conditions
 and
        severe competition from the unorganised sector.
 
 2000 - The Company has been declared as a Sick Company under Section
 3
              Clause (1)(o) of SICA and ICICI has been appointed by
 the BIFR as the
              Operating Agency to formulate a scheme of revival.
 
 2001 - Crisil has revised its rating in respect of the company's
 non-convertible part of 
              PCDs from `D' to `not meaningful', as the company has
 been referred to the
              Board for Industrial and Financial Reconstruction.
 
 2006
 
 -Marathon Nextgen Reality & Textiles Ltd has informed that the equity
 shares of the Company has been delisted from the Ahmedabad Stock
 Exchange Ltd (ASE) w.e.f. December 11, 2006.
 
 -Marathon Nextgen Realty has given the Bonus in the Ratio of 4:1
 
 2007
 
 - Marathon Nextgen Reality & Textiles Ltd has appointed Mr. V
 Ranganathan, I.A.S. (Retd.), as an Additional Director of the
 Company.
 
 -Company name has been changed from Marathon Nextgen Realty &
 Textiles Ltd to Marathon Nextgen Realty Ltd.
 
 -The Company has issued Bonus Shares in the Ratio of 2:1.
 
 2008
 
 -Marathon Nextgen Realty Ltd has appointed Dr. Samir K Barua, as an
 Additional Director of the Company at the Board Meeting held on
 January 28, 2008.
 
 2009
 
 - Marathon Nextgen Realty Ltd has informed that the Board of
 Directors of the Company at its meeting held on May 20, 2009, has
 appointed Mr. Padmanabha Shetty as Additional Director of the
 Company.
 
 2010
 
 - Marathon Nextgen Realty Ltd Board to consider Bonus Issue &
 Dividend
 
 - Marathon Nextgen Realty Ltd declares Interim Dividend @15%
 
 - Marathon Nextgen Realty has given the Bonus in the Ratio of 1:2
 
 -Registered Office of the Company has been shifted From Marathon
 Nextgen, Ganpatrao Kadam Marg, Lower Parel, Mumbai 400013 To FUTUREX,
 N.M. Joshi Marg, Nr. Lower Parel Railway Station (W.Rly),Lower Parel,
 Mumbai-400 013.
 
 2011
 
 - Marathon Nextgen Realty Ltd declares Interim Dividend @35%
 
 2012
 
 -Marathon Nextgen Realty Ltd Recommended a Dividend of 6% (Rs. 6/-
 per share of Rs 100/- each) on the Preference Share Capital and a
 dividend of 40% (Rs. 4/- per share of Rs. 10/- each) on the Equity
 Share Capital.
 
 2013
 
 - The Board Recommended a Dividend of Rs. 4.50/ (45%) on equity share
 of Rs. 10/- each
 
 2014
 
 - The board Recommended a Dividend of Rs. 5/ (50%) on equity share of
 Rs. 10/- each
 
 2015
 -Marathon Nextgen informs about investment in Parmeka Pvt Ltd
 -The Company has allotted the Bonus Shares to its shareholders in the
 Ratio of 1:2.
 
 2016
 -Marathon Nextgen Realty Ltd has submitted to the BSE a Copy of
 Certified High Court Order alongwith Scheme of Amalgamation of
 Parmeka Pvt. Ltd. with Marathon Nextgen Realty Ltd.
 -MarathonNextgenRea - Project Launch -'Monte South' Byculla - a JV
 Initiative
 -MarathonNextgenRea - Marathon Group enters into the Education Space
 
 
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • Q1 RESULTS TODAY : RIL के Q1 नतीजे आज
  • Q1 RESULTS TODAY : Hindustan Zinc, ICICI Lombard के Q1 नतीजे आज
  • Q1 RESULTS TODAY : Interglobe Aviation के Q1 नतीजे आज
  • Q1 RESULTS TODAY : L&T Finance Holdings के Q1 नतीजे आज
  • Q1 RESULTS TODAY : L&T Tech Serv, JM Financials के Q1 नतीजे आज
  • CLSA ON COLGATE : Buy रेटिंग बरकरार, लक्ष्य `1400/Sh
  • NOMURA ON ACC : Neutral रेटिंग, लक्ष्य `1750/Sh
  • CITI ON ACC : Buy रेटिंग, लक्ष्य `2175/Sh
  • BofAML ON ACC : Neutral रेटिंग कायम, लक्ष्य बढ़ाकर `1773/Sh
  • BofAML ON COLGATE : Underperform रेटिंग बरकरार, लक्ष्य `1167/Sh

अभी देखें

द न्यूजमेकर्सः शेयर जो रहेगा सुर्खियों में

OUR WINNING PICKS

DID YOU INVEST?

INTRADAY PICKS!

(August 06, 2018)

AT (Rs)



GAIN (Rs)

ALL TIME WINNERS

RECO PRICE

PEAK PRICE

OUR PACKAGES

Super Combo

Powerful mix of both trader and investor packs with timely expert advice.

Technical

Designed especially for traders looking to tap the profit opportunities of volatile markets.

Fundamental

For all investors looking to unearth stocks that are poised to move.