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K G Denim Ltd. Company History and Annual Growth Details

1992 - K G Denim Ltd was incorporated and promoted by Kondaswamy Govindaswany Baalakrishnan, Baalakrishnan Srihari and Baalakrishnan Sriramulu.

1993 - The company went for public issue.

2003 - The company was ranked 330th in Business Barons Global Data Services of India's list of India's 500 most outstanding companies in 2002-03.

2004 - The company was ranked 357th in the Industry 2.0's 3rd annual top 500 listing of the manufacturing companies in India.

2005 - Company had invested Rs 2 crore in sewing and washing units

2007 - Company had issued 25 lacks equity shares to the preferential shareholders who were promoters also.

- Board of directors of the company had issued and allotted 5,555,555 equity shares to the preference shareholders at a price of Rs 18 a share in full redemption of the preference shares held by them amounting to Rs 100 million.
 
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