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Company Information

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AVI ANSH TEXTILE LTD.

01 November 2024 | 12:00

Industry >> Textiles - Weaving

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ISIN No INE0TFB01017 BSE Code / NSE Code / Book Value (Rs.) 14.36 Face Value 10.00
Bookclosure 52Week High 85 EPS 2.37 P/E 34.68
Market Cap. 114.89 Cr. 52Week Low 65 P/BV / Div Yield (%) 5.73 / 0.00 Market Lot 2,000.00
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 Rajneesh Spinners Private Limited on 27th April, 2005 as a Private Limited Company under Companies Act, 1956 with the Registrar of Companies Punjab, H.P. & Chandigarh. . Subsequently, pursuant to a special Resolution of our Shareholders passed in the Extra-Ordinary General Meeting held on 28th November 2013, the name of our company was changed to "Avi Ansh Textile Private Limited" and a fresh certificate of Incorporation dated 16th December, 2013 with the Registrar of Companies, Delhi. In 2023, pursuant to a special Resolution of our Shareholders passed in the Extra-Ordinary General Meeting held on 30th November, 2023, our company was converted from a private limited company to a public limited company and consequently, the name of our company was changed to "Avi Ansh Textile Limited" and a fresh certificate of Incorporation dated 3rd January, 2024 by the Registrar of Companies, Delhi. The Corporate Identification number of our Company is U17110DL2005PLC260403.

Major Events and Milestones:
2005
-Incorporation of our Company as M/s Rajneesh Spinners Private Limited" under the Companies Act,1956

2012
-Avi Ansh Textile Commenced Operations with the installed Capacity of 6000 Spindles.

2014
-Avi Ansh Textile expanded the installed capacity to 12000 spindles. Along with the Modernization of the entire spinning unit.

2018
-The Company Further Expanded the Installed Capacity to 26314 Spindles. Leading to an Annual Yarn Production of 4500 Metric Tons.

2022
-After Attaining its hold over spinning, The Company further diversified into Knitting Business, Leading o Vertical integration. The company commenced operations with installing 20 machines with an annual capacity of 1800 metric tons.

2023
-Conversion of company from Private Limited to Public Limited. In consequence of such conversion, Name of our company changed from "Avi Ansh Textile Private Limited" to "Avi Ansh Textile Limited".

2024
-Sub-Division of Equity Shares of the from the Face Value of Rs. 100 each to Face Value of Rs. 10 per share