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Birla Cotsyn (India) Ltd. Company History and Annual Growth Details

Major events in the History of our Company

Sep 1941 - Incorporated by Mr. R.D. Birla under the name style of
M/s Jamod Ginning Company Pvt. Ltd.

Oct 1998 - Renamed as M/S. Birla Agro Pvt. Ltd.

Dec 2004 - Change in Object clause to include the business of manufacturing
/ importing / exporting all kinds of yarns, carpets, fabric materials and agro
chemicals

Dec 2005 - Name Changed to Birla Cotsyn (India) Pvt. Ltd.

Mar 2006 - Name changed to Birla Cotsyn (India) Limited pursuant to conversion
into Public Limited Company.

Mar2006 - Change of Registered Office from Queens Mansion, Fort,
Mumbai - 400 001 to Dalamal House, 1st Floor, Nariman Point, Mumbai - 400 020.

May 2006 - Coverted into Public Limited company and name modified into Birla
Cotsyn (India) Ltd

Aug 2006 - Acquired the business of Khamgaon Syntex (I) Ltd., a wholly owned
subsidiary of Zenith Ltd, one of the group companies.

Dec 2006 - Entered in to a Joint Venture Agreement with P.B. Bharadwaj Group
whereby the promoters equity will be shared in the ratio of 50:50 between YBG
and PBG.

April 2007 - Change in Object clause to include the business of extracting/
processing and refining oil from cotton and other seeds

May,2007 - Mega Project status accorded by Government of Maharashtra

Sept 2007 - Change in Object clause to include the business of manufacturing,
buying, selling and dealing in fabrics such as home textiles, Ready Made
garments, etc and also to set up company owned retail outlets or to issue to
franchisee rights to buy, sell or otherwise deal in such products.

Main Objects of our Company:

1. To carry on the business as manufacturers, processors, spinners, weavers,
knitters, ginners, pressers, packers, doublers, balers, buyers balers, buyers
exporters, importers, stockists, dealers, traders, commission agents and
fabricators in all kinds of cotton, jute, flex, hemp, silk, raw silk, artificial silk,
wool, rayon, nylon, terylene polyster, rexine, synthetic yarn, synthetic fibre,
staplefibre and any other natural, synthetic or man made fibre and blends
or fibrous substances and materials, textiles, fabrics and yarns, of all kinds
whether made from cotton, wool, silk, raw silk, jute, hemp, rayon, artificial
silk, nylon, terylene and any other natural synthetic or man made fibre and
blends of fibrous substances and materials,

2. To manufacture, buy, sell and deal in linen and other to carry on the
business of wool combers, worsted spinners, worsted stuff manufacturers,
drapers, printers, dyers, bleachers, sizers, weavers, dress makers, finishers,
made-ups, home textiles and ready made garments, home furnishing and
made-up items, bed-linen, comforters, quilts, rugs, carpets, coverlets, towels,
napkins, handkerchiefs, stitching, tailoring, texturing, combing, testing,
reeling, double mixing, processing of all fabrics and other textiles such as
sarees, dress outfitters and hosiery goods whether made of cotton, nylon,
polyster, silk, art silk, rayon wool, linen, jute, hemp, viscose, jari, thread or
feathers, hem fibres and any to be developed in future whether natural or
artificial fibres.

3. To carry on all or any of the business of wholesalers, dealers and retailers
either by setting up Company owned retail outlets or by issuance of franchise
rights or by any other mode to buy, sell or otherwise deal in drapers, dress
material, made-ups, home textiles and ready made garments, home furnishing
and made-up items, bed-linen, comforters, quilts, rugs, carpets, coverlets,
towels, napkins, handkerchiefs, of all fabrics and other textiles such as sarees,
dress outfitters and hosiery goods whether made of cotton, nylon, polyster, silk,
art silk, rayon wool, linen, jute, hemp, viscose, jari, thread or feathers, hem fibres
and any to be developed in future whether natural or artificial fibres.


2008

-Birla Cotsyn India, part of Yash Birla Group is open for subscription from June 30, 2008. The issue will close on July 04, 2008. The IPO is of Rs144.18 crore and the price band for the issue has fixed at Rs15 to Rs18 per equity share.
 
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