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Mahalaxmi Rubtech Ltd. Company History and Annual Growth Details

1991 - Mahalaxmi Rubtech Ltd. was incorporated for manufacturing of synthetic rubber coated, cotton printing blankets and also air cells and hydraulic seals.

2007 - The comapny had planed to raise a sum of about Rs 25 crore for its ongoing expansion project, by way of rights issue of equity shares and debt.

-The Company has issued Bonus Shares in the Ratio of 1:4.

2008 - The board of the company had allotted 12,00,000 warrants convertible in to equity share of Rs 10 each at price of Rs 79 per warrant on preferential basis.

- The company had announced the merger of a group flagship company Mahalaxmi Fabric Mills Pvt. Ltd. with itself.
Oct 27, 12:00 am
Oct 27, 4:14 pm
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