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मोहित इंडस्ट्रीज > कंपनी इतिहास > Textiles - Processing > कंपनी इतिहास का मोहित इंडस्ट्रीज - बीएसई: 531453, NSE: MOHITIND

मोहित इंडस्ट्रीज

बीएसई: 531453  |  NSE: MOHITIND  |  ISIN: INE954E01012  |  Textiles - Processing

कंपनी इतिहास - मोहित इंडस्ट्रीज
BRIEF HISTORY AND BUSINESS OF THE COMPANY
 
 Mr. Narayan Saboo and Mr. Sitaram Saboo promoted Mohit Fibres Private
 Limited on 18th February, 1991. The company was then converted into a
 Public Limited Company i.e. Mohit Fibres Limited and obtained a fresh
 certificate of incorporation on 17th February, 1995 from Registrar of
 Companies, Gujarat at Ahmedabad.  The Company started its activities
 with trading of yarn. In short span of time of three years (i.e.
 92-93 to 94-95) the turnover of the company has increased from
 Rs.4.74 Crores to Rs.13.01 Crores. The profit after tax has increased
 from Rs.0.84 Lacs to Rs.22.82 Lacs. The gross block of the company as
 at 31st March 1992 was Rs.0.49 Lacs and the same is increased to
 Rs.137.66 Lacs as at 31st March 1995. The company is growing slowly
 but steadily and gradually.
 
 PRESENT BUSINESS
 
 The Company has set up a plant for manufacturing weaving cloths at
 village Kudsad, Taluka Olpad, Dist.Surat at a total outlay of
 Rs.94.00 lakhs. The present installed capacity of the same is 8 lakh
 meters p.a. The said unit was part financed by GIIC to the extent of
 Rs.40.25 lakhs.
 The present unit is running at a capacity utilisation of about 94%.
 
 SUBSIDIARIES OF THE COMPANY
 
 The Company does not have any subsidiary.
 
 1996-97:
 During the year, second texturising machine came into operation. The
 polyester industry remained sluggish during most part of the year.
 The price of yarn came down substatially. In spite of this, the
 company could achieve the results in the very first year of
 expansion. 
 
 The company is expanding its operations at Silvassa by establishing
 texturising/twisting unit with a capacity of 2980 MT.
 
 2005
 
 -Mohit Industries Recommended total dividend of 12% 
 
 2006
 
 -Mohit Industries Ltd Issues Rights in the Ratio of 3:2
 
 2010
 
 -Mohit Industries's production of Company's new project Autoclaved
 Aerated Concrete (A.A.C.) blocks has started at Company's Palghar
 plant (Maharashtra).
 
 -Mohit Industries has received order from Larsen & Toubro for supply
 of more than 150000 blocks, the order is worth Rs. 13 million.
 
 -Mohit Industries has successfully commissioned its Gas Based Captive
 Power Plant at its Kim Unit.
 
 2011
 
 -Mohit Industries have recommended a Final Dividend of 15%
 
 2012
 
 -Mohit Industries have received an Order from The Tamil Nadu Handloom
 Weavers Co-Operative Society Limited for supply of 25,00,000 Sarees to
 be completed in the next 2 months. The Total Amount of the Tender
 allocated to the Company is approximately Rs. 30 Crores.
 
 -Mohit Industries bags order worth nearly Rs 100 mn from Tamil Nadu
 Handloom Weavers Co-Operative Society Limited
 
 2013
 
 -Ms. Swati Malu has been appointed as Company Secretary as well as
 Compliance Officer of the Company.
 
 2014
 
 -Mrs. Pragya Memani has been appointed as an additional director in
 the category of Non-Executive Independent Director on the Board of
 Directors of the Company.
 
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • MARKET CUES : FIIs ने कैश में `1352 Cr की खरीदारी की
  • MARKET CUES : DIIs ने कैश में `985 Cr की बिकवाली की
  • MARKET CUES : FIIs ने F&O में `2645 Cr की खरीदारी की
  • MARKET CUES : इंडेक्स फ्यूचर्स में `417 Cr की बिकवाली
  • MARKET CUES : इंडेक्स ऑप्शंस में `2929 Cr की खरीदारी
  • MARKET CUES : स्टॉक फ्यूचर्स में `66 Cr की बिकवाली
  • MARKET CUES : स्टॉक ऑप्शन में `199.26 Cr की खरीदारी
  • MACQUARIE ON CHOLA FIN : Outperform रेटिंग, लक्ष्य `300/Sh
  • MACQUARIE ON SBI LIFE : Underperform रेटिंग, लक्ष्य `645/Sh
  • CLSA ON DB CORP : BUY रेटिंग, लक्ष्य `185/Sh

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