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Garment Mantra Lifestyle Ltd. Company History and Annual Growth Details

The Company was incorporated as Junction Fabrics and Apparels Private Limited on November 15, 2011 under the provisions of Companies Act, 1956 with Registrar of Companies, Coimbatore, Tamil Nadu vide registration no. (CIN:
U18101TZ2011PTC017586). Pursuant to Shareholders Resolution passed at the Extra Ordinary General Meeting held on March 05, 2015 the Company was converted into a Public Limited Company and the name of the Company was changed to “Junction Fabrics and Apparels Limited” vide a fresh Certificate of Incorporation dated March 24, 2015 Issued by the Registrar of Companies, Coimbatore, Tamil Nadu.

Milestones:-

2011 Nov.
-Incorporation of the Company

2012 Jan.
-Commencement of Production activities at Factory at Netaji Apparel Park, Tirupur

2015
-Acquisition of S.P. Tex (India) (Proprietorship concern of Mr. Prem Dinanath Aggarwal)
-Junction Fabrics & Apparesl has Listing of equity shares of Junction Fabrics and Apparels Ltd

2020

-The Company has issued Bonus Shares in the Ratio of 1:2.

-Company name has changed to Garment Mantra Lifestyle Ltd. from Junction Fabrics & Apparels Ltd..


2022

-The Company has splits its face value from Rs. 10/- to Rs. 1/-.

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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