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Company Information

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AKSHAR SPINTEX LTD.

10 March 2025 | 10:49

Industry >> Textiles - Spinning - Cotton Blended

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ISIN No INE256Z01025 BSE Code / NSE Code 541303 / AKSHAR Book Value (Rs.) 1.18 Face Value 1.00
Bookclosure 28/09/2024 52Week High 2 EPS 0.04 P/E 13.93
Market Cap. 48.04 Cr. 52Week Low 1 P/BV / Div Yield (%) 0.52 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
The Company was originally incorporated as "Akshar Spintex Private Limited" at Jamnagar, Gujarat as a Private Limited Company under the provision of Companies Act, 1956 vide Certificate of Incorporation dated June 19, 2013 bearing Corporate Identification Number U17291GJ2013PTC075677 issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Subsequently, the Company was converted into a Public Limited Company pursuant to special resolution passed by the members in Extraordinary General Meeting held on December 26, 2017 and the name of the Company was changed to Akshar Spintex Limited, vide a fresh Certificate of Incorporation dated January 5, 2018, bearing Corporate Identification Number U17291GJ2013PLC075677 was issued by Registrar of Companies, Ahmedabad, Gujarat.

KEY EVENTS AND MILESTONES

2013

- Incorporation of the company as a private Limited company under the name and style of Akshar Spintex Private Limited.

2018

- Conversion of company from Private Limited Company to Public Limited Company.

2023

-The Company has splits its face value from Rs. 10/- to Rs. 1-.

2024

-The Company has issued Bonus Shares in the Ratio of 1:5. -The company issued rights shares of Rs. 1 in the ratio of 13:8 at par.