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Nagreeka Exports Ltd. Company History and Annual Growth Details

1989 - The company was incorporated on 6th March, with the main object
of setting up a spinning unit for 100% export of cotton yarn.

- The Company has been promoted by Mr. Ishwarlal Patwari, who is
also a co-promoter of Sterlite Industries (India) Ltd. Other
promoters of the company are Mr. Dwarkaprasad Agarwal, Mr. Sunil
Kumar Patwari & Mr. Sushil Kumar Patwari.

- The company is currently engaged in trading as merchant exporters
of cotton yarn. It has been involved in exporting cotton yarn to
Bangladesh & to some of the East European countries.

- The company is now setting up an 100 % EOU Spinning Mill project
for spinning of double & single fine & medium counts of combed
and carded cotton yarns.

1995 - The 100% EOU spinning mill has been commissioned in March.

1996 - The Company is considering doubling the capacity of the spinning
unit and addition of knitting machines.

1997 - The Company has pleased to inform that the 100% EOU Spinning Mill
has been functional throughout the year under review and has
achieved the targeted production level.

1999 - The Company has to set up a captive power project to achieve
cost advantage on power consumption.

- The Company has obtained an ISO 9002 Certification in respect of
Yarn and Knitted Fabric.

2000 - Nagreeka Exports Ltd has taken 10 per cent stake in a newly
launched student-targeted portal, Buckleyourshoe.com.

-Members approved the delisting of shares from Calcutta, Delhi and Ahmedabad Stock Exchanges.


-Board recommends dividend of 10%.


-The company received "Texprocil Export Award".

-Nagreeka Exports has recommended 10% dividend.

-Nagreeka Exports has recommended payment of Dividend of 10% on Face Value of Rs. 5/- per equity share (i.e. Rs. 0.50).