YEAR EVENTS 1936 - ATL Textiles Ltd (formerly Asher Textiles Limited) was founded. - The company set up a spinning unit in Tirupur (T.N) with a capacity of 12000 ring spindles. Which was later increased to over 33400 ring spindles. The capacity was again increased to 42400 ring spindles. 2000 - The Company has changed its name from ATL Textiles Limited to PRIME TEXTILES LIMITED. 2005 -The Company has recommended a dividend of 8% on Preference Shares on prorata basis and a dividend of 7.50% for the equity shares for the year 2006 -The Company has recommended a dividend of 8% on Preference Shares and a dividend of 7.50% for the equity shares for the year 2007 -The Company has recommended a dividend of 8% on Preference Shares and a dividend of 6% for the equity shares - The Company has splits its face value from Rs.10/- to Rs.2/-. 2008 -The Company has recommended dividend of 8% on Preference Shares on pro-rata basis and a dividend of 6% for the equity shares for the year 2010 -Company has changed its name from Prime Textiles Ltd. to Prime Urban Development India Ltd. |
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