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Filatex India Ltd. Company History and Annual Growth Details

YEAR EVENTS
1990 - The Company was incorporated as a Public Limited Company on 8th
August, and obtained Certificate of Commencement of Business on
5th September.

- The Company has obtained Registration from Deptt. of Industrial
Development, Ministry of Industry, Secretariant for Industrial
Approvals, Govt. of India for manufacturing polyster/nylon
monofilaments with annual capacity of 500 tonnes of NOIDA
Industrial ARea, Distt. Ghaziabad, U.P.

- The Company has been promoted by S/Shri Purshottam Bhageria,
Madhusudhan Bhageria and Madhav Bhageria.

1992 - The Company has entered into a technical collaboration agreement
on 9th September, with Reifenhauser GmbH & Co., Maschinenfabrik,
Germany.

1993 - The Company Public Issue of 18,00,000 No. of Equity shares of Rs.
10/- each for cash at par aggregating Rs. 180 lacs.

1995 - The Company set up a Wind Power Project at Tamilnadu which was
successfully commissioned in March.

- The Company issued 35,00,000 No. of Equity Shares of Rs.10/- each
at a premium of Rs.35/- per Share Financial Institutions, Mutual
Funds and high networth investors.

1996-99 NO NEWS

2000 - The Company subject to necessary approvals, to issue 15,00,000
No. of equity shares of Rs. 10/- each at par by way of
preferential issue to the promoters of the company and their
relatives as issue part of promoters contribution in the firal
fixation/restructuring package proposed by IDBI.

2003

-Board approves expansion of the POY Spinning capacity

2004

-Filatex Ltd has informed that the BoD of the company in their meeting held today (January 6, 2004) have approved the issue of 15,00,000 7.5% Cumulative Convertible Preference Shares of Rs. 25/- each to the promoters of the company including their associate companies. The said Cumulative Convertible Preference Shares shall be convertible into equity shares

2008

-Filatex India has designed E-mail ID for Investor Grievance is : shares@filatex.com

2009

-Filatex India has approved interim dividend of Rs. 1 per share on equity share of nominal value of Rs. 10/- each.

2011

-Filatex India has declared dividend of Rs. 1 per share

2012

-Filatex India has incorporated 'FILATEX SYNTHETICS PRIVATE LIMITED' as a subsidiary of the Company.

-Filatex India has recommended dividend of Rs. 1 per share on equity share of Rs. 10/- each.


2014

-Shri. Ashok Chauhan has been appointed as Wholetime Director of the Company.

2015
-Filatex India - Forward Integration by putting up manufactur facility of Polyester Fully Drawn Yarns.

2016
-Filatex India Ltd Commencement of Commercial Production at Dahej.

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