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मॉडर्न सिटेक्स (इंडिया) > कंपनी इतिहास > Textiles - Synthetic & Silk > कंपनी इतिहास का मॉडर्न सिटेक्स (इंडिया) - बीएसई: 500281, NSE: MODRNSYNTX

मॉडर्न सिटेक्स (इंडिया)

बीएसई: 500281  |  NSE: MODRNSYNTX  |  ISIN:  |  Textiles - Synthetic & Silk

कंपनी इतिहास - मॉडर्न सिटेक्स (इंडिया)
YEAR                       EVENTS
 1976 - The company was incorporated on 12th November at Delhi.  The
        Company was promoted by H.S. Ranka.  The Company manufacture
        synthetic blended and other yarns.
 
 1977 - 4,65,000 shares allotted to promoters, etc. including
 1,64,000
        shares to Rajasthan State Industrial and Mineral Development
        Corpn. Ltd. 75,000 shares reserved and allotted to H.S.
 Ranka,
        5,60,000 shares offered for public subscription during Sept.
        1977.
 
 1982 - The Company issued 55,000-15% secured redeemable
 non-convertible
        debentures of Rs 55 each.
 
 1983 - Authorised capital increased.  35,000-13.5% Pref. shares
 issued
        Pref. shares redeemable during 23-7-1990/95.
 
 1985 - The Company issued 1,10,000-15% secured redeemable
        non-convertible debentures of Rs 100 each.
 
 1991 - 4,80,000 No. of equity shares allotted on conversion of loans
 to
        Financial Institutions.
 
 1993 - The Company undertook a new project for manufacture of PFY/POY
 in
        technical collaboration with Zimmer AG, Germany at Baroda,
        Gujarat.
 
      - The Company entered into an agreement with Novafa, SAS-a
        Sinterama Group company of Italy to market 40% of products in
        Europe.
 
      - The High Court of Rajasthan approved the transfer of suiting
        division of Modern Suitings Ltd. to the company and
 amalgamation
        of Adarsh Fabrics Pvt. Ltd., Ashok Fabrics Pvt. Ltd. and
 Aradhana
        Textiles Pvt. Ltd. with the company with effect from 1st
 April.
 
      - As per the scheme of amalgamation, 6,40,000 shares, 2,65,000
        shares and 2,80,000 shares were allotted to Ashok Fabrics
 Pvt.
        Ltd., Adarsh Fabrics Pvt. Ltd., Aradhana Textiles Pvt. Ltd.,
        respectively.
 
 1994 - The Company proposed to expand Baroda Unit by adding
 additional
        texturising capacity of 5,000 TPA as well as setting up of
        facility for manufacture of 26,850 TPA of polyester staple
 fibre
        and automation in PFY division.  Also proposed to modernise
        synthetic blended yarn spinning and suiting division located
 at
        Alwar.  The Polycondensation plant was commissioned.
 
      - During Jan.-Feb., the Company offered 2,33,33,350-15% secured
        fully convertible debentures (FCD) of Rs 120 each for cash at
        par as follows: 80,66,000 FCDs to the existing shareholders
 on
        right basis in the ratio of 2 FCDs; 5 No. of equity shares
 held,
        21,25,000 FCDs to NRIs, 15,25,000 FCDs to shareholders of
 group
        companies, 1,37,500 FCDs to employees, 15,25,000 FCDs to
 FIIs,
        30,50,000 FCDs to Indian Mutual Fund, 30,50,000 FCDs to
 Indian
        Financial Institution and balance 38,54,850 FCDs to the
 public.
 
      - Part A of Rs 60 of FCD was to be converted into two equity
 shares
        of Rs 10 each at a prem. of Rs 20 per share after six months
 from
        the date of allotment.  Accordingly 466,52,000 No. of equity
        shares were allotted.
 
      - Part B of Rs 60 of FCD was to be converted into two equity
 shares
        of Rs 10 each at a prem. of Rs 20 per share on expiry of
        seventeenth months but within eighteen month from the date of
        allotment.
 
 1995 - 466,66,700 shares allotted on conversion of Part B of 15% FCDs
 at
        a prem. of Rs 20 per share, 34 shares were kept in abeyance.
 
 1997 - The Company undertook the second phase of expansion by
 installing
        additional 7,680 spindles at a cost of Rs 2.05 crores.  The
        Company then undertook to implement the third phase involving
        the installation of another 7,680 spindles.
 
      - It was proposed to increased the installed capacity of
 synthetic
        blended yarn from 3,500 tonnes to 4,700 tonnes per annum.
 
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • MARKET CUES : FIIs ने कैश में `705 Cr की बिकवाली की
  • MARKET CUES : DIIs ने कैश में `220 Cr की खरीदारी की
  • MARKET CUES : FIIs ने F&O में `297 Cr की खरीदारी की
  • MARKET CUES : इंडेक्स फ्यूचर्स में `109 Cr की खरीदारी
  • MARKET CUES : इंडेक्स ऑप्शंस में `840 Cr की खरीदारी
  • MARKET CUES : स्टॉक फ्यूचर्स में `513 Cr की बिकवाली
  • MARKET CUES : स्टॉक ऑप्शंस में `139 Cr की बिकवाली
  • STILL IN F&O BAN : YES BANK के F&O पर रोक बरकरार
  • DB ON VODAFONE IDEA : SELL रेटिंग, लक्ष्य `1/Sh
  • CLSA ON VODAFONE IDEA : SELL रेटिंग, लक्ष्य घटाकर `3.50/Sh

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