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पारसरामपुरिया इंडस्ट्रीज > कंपनी इतिहास > Textiles - Manmade > कंपनी इतिहास का पारसरामपुरिया इंडस्ट्रीज - बीएसई: 514040, NSE: PARASIND

पारसरामपुरिया इंडस्ट्रीज

बीएसई: 514040  |  NSE: PARASIND  |  ISIN:  |  Textiles - Manmade

कंपनी इतिहास - पारसरामपुरिया इंडस्ट्रीज
Parasrampuria Industries Ltd. was incorporated on 14th January, 1986
 under the name of Parasrampuria Housing and Allied Industries Ltd. 
 The company was promoted by the House of Prasrampuria headed by Ratan
 Lal Parasrampuria.  The Company was originally engaged in the business
 of building construction and development.
 
 
 1987 - The Company diversified into the activity of leasing.  In
        November the Company commissioned a plant at Silvassa in the
        Union Territory of Dadra & Nagar Haveli for the manufacture
 of
        texturised POY yarn with a capacity of 1,000 tonnes per
 annum.
 
 1989 - The installed capacity of the texturising plant at Silvassa
 was
        doubled by installing two more latest texturising machines.
 
 1990 - The Company embarked upon setting up of a project for the
        manufacture of 4,050 tonnes per annum of finer denier
        polypropylene multifilament yarn.
 
      - 700 No. of equity shares allotted to the subscribers to the
        Memorandum of Association.  34,99,300 No. of equity shares is
        issued at par of which 13,99,300 shares reserved and allotted
 to
        promoters, directors, etc.
 
      - Out of the balance of 21,00,000 shares, 1,75,000 shares to
        employees and 12,000 shares to Business association reserved
 for
        subscription (only a total of 67,600 shares taken up out of
 these
        reserved quotas).  The remaining 18,83,000 shares together
 with
        the unsubscribed 1,49,400 shares from the employees and the
        Business Association quota offered for public subscription
 during
        September 1986.  Additional 3,50,000 shares to the promoters,
        etc. and additional 5,25,000 shares to general public allotted
 to
        retain over subscription.
 
 1992 - The Company proposed to expand the capacity of
        polypropylene/polyester/micro filament yarn to 9,750 TPA at
 Dadra
        plant.
 
      - The company proposed to expand the capacity of
        Polypropylene/micro Filament yarn to 9,750 TPA at Dadra
 plant.
 
      - In order to finance the polypropylene multifilament yarn
 project,
        the Company offered during January 4,37,500-14% secured fully
        convertible debentures of Rs 300 each on rights basis to the
        equity shareholders in the prop. of 1 debenture for every 10
        fully paid-up equity shares held.
 
      - Additional 65,525 debentures were allotted to retain over
        subscription.  Another 21,875-14% secured fully convertible
        debentures were offered to the employees (including working
        directors)/workers of the Company on equitable basis.  All
 were
        taken up.
 
      - A portion of Rs 90 of each debenture (Part A) would be
        automatically and compulsorily converted into 6 No. of equity
        shares of Rs 10 each at a premium of Rs 5 per share on the
 expiry
        of 6 months from the date of allotment of the debentures.
 
      - Another portion of Rs 90 (Part B) of each debenture would be
        converted into 6 equity shares of Rs 10 each at a premium of
 Rs 5
        per share, on the expiry of 18 months from the date of
 allotment
        of the debentures.
 
      - The balance amount of Rs 120 (Part C) of each debenture would
 be
        converted at the option of the debentureholders into such
 number
        of equity shares and at such premium as may be decided by the
        Controller of Capital Issues after 30 months from the date of
        allotment of the debentures.
 
      - On any debentureholders not exercising, the option to convert
        the part `C' of the debenture such part `C' of Rs 120 per
        debenture would be redeemed at the expiry of 7th year from
 the
        date of allotment of the debentures, subject to the terms to
 be
        decided by the CCI after 30 months from the date of allotment
 of
        the debentures.
 
      - The Company allotted 2,80,000-18% Secured Redeemable Partly
        Convertible Debentures of Rs 300 each on private placement
 basis.
        Part `A' of Rs 125 was converted into 5 equity shares of Rs
 10
        each at a premium of Rs 15 per share.
 
 1993 - 4,550,000 No. of equity shares allotted on conversion of
        debentures.
 
 1994 - The Company began developing plot of 1,00,000 sq. ft. FSI at
        Malad (East) in Mumbai.  In granite division, the Company
 started
        development of four quarries, two at A.P. and two at Tamil
 Nadu.
 
      - The Company proposed to set up a factory at Sallurpeta for
        cutting and polishing of granite.
 
      - The Company embarked upon setting up a project to enhance the
        capacity to manufacture polyester/polypropylene yarn from
 9,750
        TPA to 15,190 TPA and texturising capacity from 2,000 TPA to
        5,000 TPA at Dadra.
 
      - As a part of diversification, the Company acquired 7.54 acres
 of
        land for mining Black Glaxy Granite at Andhra Pradesh.
 
      - 26,24,550 No. of Equity shares allotted (prem. of Rs 14 per
        share) on conversion of debentures.  14,75,305 Pref. shares
        allotted on Right basis.  44,98,153 No. of equity shares
 allotted
        (prem. 15 per share) on Rights basis in the ratio of 3:10.
 
 1995 - The proposed expansion of polyester/polypropylene yarn was
        delayed due to liquidity crunch and delay in the
        raising/disbursement of loan funds.
 
      - 3,00,000 Redeemable Cumulative Preference shares were allotted
 on
        private placement basis.
 
 
स्रोत: रेलीगरे टेचनोवा

न्यूज़ फ़्लैश

  • MARKETS AT CLOSE : सेंसेक्स 187 प्वाइंट चढ़कर 36,675 पर बंद
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  • MARKETS AT CLOSE : सेंसेक्स के 30 में से 15 शेयरों में खरीदारी
  • MARKETS AT CLOSE : बैंक निफ्टी के 12 में से 8 शेयरों में खरीदारी
  • MARKETS AT CLOSE : बाजार ने लगाया तेजी का पंच
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