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KITEX GARMENTS LTD.

02 April 2025 | 12:00

Industry >> Textiles - Readymade Apparels

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ISIN No INE602G01020 BSE Code / NSE Code 521248 / KITEX Book Value (Rs.) 48.08 Face Value 1.00
Bookclosure 17/01/2025 52Week High 295 EPS 2.82 P/E 63.99
Market Cap. 3604.77 Cr. 52Week Low 59 P/BV / Div Yield (%) 3.76 / 0.83 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Kitex Garments Ltd. is a garment company a cut above the rest. Its flexible manufacturing system makes Kitex extremely capable of adapting vigorously to the changing needs of the fashion market. Equally competent to execute garment making tailor-made to customer specifications as well as standardised production. And every single finished piece reflects Kitex's insistence on superior quality.

2005

-Kitex Garments announces 10% interim dividend.

-Company has splits its Face value of Shares from Rs 10 to Re 1

2011

-M/s. Kolath & Co., Chartered Accountants, have been appointed as Auditors.

-The Board of Directors of the Company at its meeting held on April 25, 2011, inter alia, has recommended a dividend of 40% (40 paise per equity share of Rs. 1/-).

2012

-The Board of Directors of the Company at its meeting held on April 20, 2012, inter alia, have recommended a Dividend of 60% (60 paise per Equity Share of Re. 1/-).

2013 -Kitex Garments Ltd. has informed that the Board of Directors of the Company have recommended a dividend of Re.0.80 per Share of face value Re.1 -Mr. K. L. V. Narayanan has been appointed as Director

2014 -Kitex Garments Ltd has informed that the Board of Directors of the Company have recommended a dividend at Re. 1 per Equity share of face value Re. 1

2016 -Kitex Garments Ltd has received the "JOCKEY Debra S Waller Award for Great Partnership 2015"

2017

-The Company has issued Bonus Shares in the Ratio of 2:5. -Kitex Garments bags Financial express CFO of the Year awards 2017.

2021

-KGL signed MoU with State Government of Telangana.

2024

-The Company BOD Approved bonus at the ratio of 2 : 1, i.e 2 Equity Shares for every 1 Equity Shares held..