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Spectacle Ventures Ltd. Company History and Annual Growth Details

1985 - Company was incorporated on 18th May 1985 as Nilhari Trading And Finance Limited.

1986 - Company made its maiden public issue in February 1986 and got its equity shares listed at the Stock Exchange, Mumbai.

1988 - The name of the company was changed to Khaitan Weaving Mills Limited through a fresh certificate of incorporation consequent to change in name was obtained on March 16, 1988.

1990 - The company had made a right issue of shares in April 1990.

2007 - The company had fixed 14th December, 2007 as the record date for the purpose of determining the entitlement of right offer of equity shares in the ratio 6:1.

- On 21st November 2007, board of the company had decided that right issue will be open on December 28, 2007 and will close on January 28, 2008.

- Board of the company had decided to open requisite accounts for the proposed right issue with HDFC Bank Ltd.

-The company has issued rights in the ratio of 6:1 at a premium of Rs.0/- Per Share.


-Company name has been changed from Khaitan Weaving Mills Ltd to Spectacle Industries Ltd.

- The Company has splits its face value from Rs10/- to Rs1/-.