KYC is one time exercise with a SEBI registered intermediary while dealing in securities markets (Broker/ DP/ Mutual Fund etc.). | No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.   |   Prevent unauthorized transactions in your account – Update your mobile numbers / email ids with your stock brokers. Receive information of your transactions directly from exchange on your mobile / email at the EOD | Filing Complaint on SCORES - QUICK & EASY a) Register on SCORES b) Mandatory details for filing complaints on SCORE - Name, PAN, Email, Address and Mob. no. c) Benefits - speedy redressal & Effective communication   |   BSE Prices delayed by 5 minutes... << Prices as on Dec 20, 2024 >>  ABB India 6923.8  [ -5.79% ]  ACC 2064.45  [ -2.43% ]  Ambuja Cements 548.85  [ -2.53% ]  Asian Paints Ltd. 2283.05  [ -0.43% ]  Axis Bank Ltd. 1072.1  [ -3.28% ]  Bajaj Auto 8786.65  [ -2.09% ]  Bank of Baroda 240.3  [ -3.20% ]  Bharti Airtel 1578.25  [ -1.34% ]  Bharat Heavy Ele 235.25  [ -2.89% ]  Bharat Petroleum 288.95  [ -1.92% ]  Britannia Ind. 4700.9  [ -1.70% ]  Cipla 1472.45  [ -2.22% ]  Coal India 382.75  [ -2.43% ]  Colgate Palm. 2750.95  [ -1.06% ]  Dabur India 501.9  [ -0.42% ]  DLF Ltd. 830.75  [ -3.86% ]  Dr. Reddy's Labs 1342.45  [ 1.24% ]  GAIL (India) 192.45  [ -0.59% ]  Grasim Inds. 2493.85  [ -1.72% ]  HCL Technologies 1911.2  [ -1.15% ]  HDFC 2729.95  [ -0.62% ]  HDFC Bank 1772.05  [ -1.19% ]  Hero MotoCorp 4339.85  [ -1.53% ]  Hindustan Unilever L 2334.95  [ -1.06% ]  Hindalco Indus. 623.75  [ -0.91% ]  ICICI Bank 1285.7  [ -0.12% ]  IDFC L 108  [ -1.77% ]  Indian Hotels Co 854  [ -3.03% ]  IndusInd Bank 930  [ -3.53% ]  Infosys L 1922.05  [ -1.34% ]  ITC Ltd. 464.6  [ -0.38% ]  Jindal St & Pwr 908.1  [ -1.51% ]  Kotak Mahindra Bank 1743.55  [ -1.04% ]  L&T 3630.6  [ -2.22% ]  Lupin Ltd. 2147.55  [ -0.68% ]  Mahi. & Mahi 2906.4  [ -3.60% ]  Maruti Suzuki India 10904.75  [ -0.46% ]  MTNL 52.47  [ -3.49% ]  Nestle India 2163.85  [ 0.12% ]  NIIT Ltd. 186.15  [ -5.41% ]  NMDC Ltd. 213.35  [ -0.35% ]  NTPC 333.3  [ -1.29% ]  ONGC 237.3  [ -1.92% ]  Punj. NationlBak 100.7  [ -2.71% ]  Power Grid Corpo 315.75  [ -1.90% ]  Reliance Inds. 1206  [ -2.00% ]  SBI 812.5  [ -2.44% ]  Vedanta 477.5  [ -2.99% ]  Shipping Corpn. 211.75  [ -3.77% ]  Sun Pharma. 1808.5  [ -0.81% ]  Tata Chemicals 1028.25  [ -2.94% ]  Tata Consumer Produc 889.75  [ -1.86% ]  Tata Motors 724  [ -2.73% ]  Tata Steel 140.85  [ -1.71% ]  Tata Power Co. 401.25  [ -2.75% ]  Tata Consultancy 4168.05  [ -2.42% ]  Tech Mahindra 1685.2  [ -3.97% ]  UltraTech Cement 11424.7  [ -2.14% ]  United Spirits 1545.75  [ -1.58% ]  Wipro 305.15  [ -2.41% ]  Zee Entertainment En 125.05  [ -4.14% ]  

Company Information

Indian Indices

  • Loading....

Global Indices

  • Loading....

Forex

  • Loading....

ALOK INDUSTRIES LTD.

20 December 2024 | 12:00

Industry >> Textiles - Weaving

Select Another Company

ISIN No INE270A01029 BSE Code / NSE Code 521070 / ALOKINDS Book Value (Rs.) -39.83 Face Value 1.00
Bookclosure 03/02/2020 52Week High 39 EPS 0.00 P/E 0.00
Market Cap. 10511.41 Cr. 52Week Low 20 P/BV / Div Yield (%) -0.53 / 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.
YEAR EVENTS 1986 - Alok Textiles Industries Limited was incorporated as a private limited company on 12th March, and the name was changed to Alok Textile Private Ltd. on 17th November, 1992. The Company was subsequently converted into a Public Limited Company on 11th February, 1993. It was promoted by Alok Group of Jiwrajka family, Mumbai.

1993 - The Company undertook to set up a weaving project at Tanghar, Bhiwadi, dist., Thana for its weaving preparating and weaving unit. 50 nos. automatic looms and one warping machine of cimmco make were procured for the expansion of its texturising unit the Company installed imported roto jet clip set of Heberlien Machinenfabric AG Switzerland make on 108 spindles.

1995 - To overcome the short coming the Company set up state-of-the-art process house at New Mumbai.

- The Company undertook to integrate its activities by setting up facilities for knitting and processing to cater to garment export industry. The knitting project housed at Silvassa was to facilitate production of 1226 TPA of cotton knitted fabrics by installing 8 nos. imported Mayer & Cue circular knitting machine.

- The Company also undertook to set up a state-of-the-art textile process house for processing of cotton viscose fabrics and cotton knitted fabrics. The unit was to have an installed capacity of 201.60 lakh meters p.a. of woven fabric and 2688 TPA of knit processing.

- 12,30,096 equity shares subscribed (of these 7,45,396 shares allotted as bonus shares). 25,15,000 equity shares of Rs. 10 each were then issued at a premium of Rs. 10 per share in February 1993 as follows: (i) 2,65,000 shares allotted on a firm basis to promoters, directors their firends etc. (ii) 2,25,000 shares issued to NRIs/OCBs on preferential basis, (iii) Balance 20,25,000 shares issued to public.

1996 - The Company increased its capacities in yarn production to accommodate the increase in demand by virtue of fall in prices and due to shift in preferences from cotton to polyester.

- The Company undertook to modernise its weaving operations by installing Sulzer Projectile loom at Rakholi, Silvassa for the manufacture of 100% cotton fabrics of wider width with an installed capacity of 25.58 lakh metres p.a. M/s. Gherzi Eastern India Ltd. were appointed for executing the project on a turnkey basic.

- 74,90,192 Rights Equity Shares issued (Prem. Rs. 10; Propn. 2:1.)

1997 - As per permission sought at the Extra-Ordinary General Meeting held on 30th April, deal pertaining to sale of the Company's unit at 65-A, Piparia Industrial Estate, Silvassa was concluded.

1998 - 12,40,000 No. of equity shares of Rs 10 each (prem. Rs.8) allotted to Indianan Ford Mauritius Ltd. on private placement basis. 22,50,000 No. of equity shares (prem. Rs 10 per share) to promoters of the Co. 87,77,000 No. of equity shares allotted to Centering Direct Fund (Mauritius) and another 3,65,700 No. of equity shares at par allotted to TCFC Finance Ltd. on preferential basis.

2002

-Commissions the Process house and Weaving plants at Vapi and Silvassa respectively.

2003

-Bags $20 million loan from IFC and sanctions $17.5 mn.

-Appoints M/s Deloitte Haskins and sells as concurrent auditor of the company.

-Arisaig partners has acquired 4,07,500 shares through open market purchase.

-IDBI sells 2.08% shares of the company.

-Members approve for delisting of the shares of the company from 3 stock exchanges (Madras, Delhi, Ahmedabad).

-UTI Asset Management Company has withdrawn the nomination of Shri Mahesh C Verma as the Nominee Director on the Board of the company.

-The Company has informed that Madras Stock Exchange Limited (MSE) have vide their letter dated December 12, 2003 delisted the equity shares of the company. The quotation for the equity shares of the company have been removed from the official list of MSE w.e.f. December 12, 2003.

2004

-Alok Industries Limited has informed that the Delhi Stock Exchange Association Limtied (DSE) have delisted the equity shares of the Company from DSE wef January 23, 2004.

2005

-Alok Industries awarded "Silver Trophy" by TEXPROCIL

2007

-Alok Industries Ltd has informed that Credit Analysis & Research Ltd (CARE) have vide their letter dated May 18, 2007 revalidated a 'PR1' (PR One) rating for the Company's Commercial Paper program / MIBOR linked to the short term Non-Convertible Debentures / other short term instruments for an amount of Rs 200 crore (size enhanced from Rs 100 crore) for a maturity upto 3 months.

2009

- The Company has issued rights in the ratio of 83:40 at a premium of Re 1.

2010

-Added Terry Towels to its product range

-Registered Office of the Company has been shifted from 'B/43, Mittal Tower, Nariman Point, Mumbai 400 021' to '17/5/1, 521/1, Village Rakholi / Saily, Silvassa- 396230

2011

-25 years of corporate journey completed

-Awarded the IMC - Ramakrishna Bajaj National Quality (RBNQ) Performance Excellence Trophy in the Manufacturing Category

-Expansion of Polyester production from 600 tons/day to 1400 tons/day commenced

-Awarded status of 'Recognised Star Trading House' 2012

-Completion of Expansion of polyester production from 900 tons/day to 1400 tons/day.

-The amalgamation of Grabal Alok Impex Limited (GAIL) into the company was completed on 1 March 2012 with effect from 1 April 2011

-Gold Trophy for Global Exports of Bleached / Dyed / Yarn Dyed / Printed Fabrics in Fabrics Category

-Gold Trophy for Exports of Bed Linen / Bed Sheets /Quilts in Made-ups Category

-SilverTrophyfor Highest Global Exports Category

-Silver Trophy for second best export performance for the year 2010-11 in the category of Polyester Yarn

2013

-Alok Industries Ltd Issues Rights in the Ratio of 2:3

-Alok Industries Ltd has been awarded an "Appreciation Certificate"

-Alok Industries Ltd Board recommends Dividend of 3% i.e. Rs. 0.30 per share for the period ended September 30, 2013

2014

-Alok Industries Ltd has informed regarding "Intimation of Credit Facility".

2015

-Alok Industries Ltd has received USD 50 million under Export Performance Bank Guarantee Scheme (EPBG).