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Vijay Textiles Ltd. Company History and Annual Growth Details

VIJAY was originally incorporated on 2nd February 1990 in the name and style of Vijay Textiles Private Limited. The Company was subsequently converted into a Public Company, Vijay Textiles Limited and a fresh certificate of incorporation was obtained on 17th June 1994.

VIJAY is an existing profit making company. Initially, the company was in the business of trading in textiles. The major activity consisted of purchase of Polyester Yarn from Reliance Industries Limited, converting the Yarn into Grey Cloth at Bhiwandi through job contracts, and converting the Grey Cloth into finished fabrics through textile processors. The fabrics were marketed under the brand name "VIJAY" throughout India.

2004
Company has initiated the process of setting up a studio

2005

-Vijay Textiles has given the Bonus in the Ratio of 2:1

- Company has splits its Face value of Shares from Rs 10 to Re 1.

-Vijay Textiles Ltd has received an Export Order worth US$ 4.60 million (about Rs 200 million) with Simran Enterprises from Europe for supply of an exclusive range of Home Furnishings.

- Vijay Textiles Ltd has Opened second retail furnishing Mall at Hyderabad.

2007
-Vijay Textiles Ltd has opened its 3rd Furnishing Mall in the Twin Cities of Hyderabad & Secunderabad at Kukatpally

2008
- Vijay Textiles Ltd has recommended a Dividend of 15%

2009
-Vijay Textiles Ltd has opened its 4th Furnishing Mall with a plinth area of about 22000 Sq.Ft in the Twin Cities of Hyderabad and Secunderabad at Dilsukhnagar

-Vijay Textiles Ltd has opened its large format Furnishing Mall -5th in the Twin Cities of Hyderabad and Secunderabad at A.S.Rao Nagar, Secunderabad

2011

-Company has Consolidates its Face value of Shares from Rs 1 to Rs 10

2012
-Vijay Textiles appointed Shri R. Malhotra as a Finance Director inducted on the Board as a Whole-time Director.
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