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    MAFATLAL INDUSTRIES LTD.

    22 November 2024 | 02:06

    Industry >> Textiles - Composite Mills

    Select Another Company

    ISIN No INE270B01035 BSE Code / NSE Code 500264 / MAFATIND Book Value (Rs.) 113.35 Face Value 2.00
    Bookclosure 10/08/2024 52Week High 221 EPS 13.74 P/E 10.33
    Market Cap. 1020.33 Cr. 52Week Low 97 P/BV / Div Yield (%) 1.25 / 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 incorporated in 1913 at Ahmedabad.

    It manufactures textiles and textile chemicals. The mills are equipped to do bleaching, dyeing, calico printing, mercerising, calendering, sanforising, anti-creasing and texturising.

    Mafatlal Fine Spg. & Mfg. Co.Ltd, along with Gujarat Industrial Investment Corporation Ltd. (GIIC) and Hindustan Oil Corporation Ltd., had promoted Gujarat Gas Co. Ltd., for the purchase of distribution of natural gas to industrial, commerical and domestic consumers in Gujarat.

    In technical collaboration with Siemens AG of West Germany, the company started a project for the manufacture of professional grade connector, an electronic component presently imported and used in electronics and telecommunication industries.

    The Shorrock Spg. & Mfg. Co. Ltd, M.G.Investment & Industrial Co. Ltd and Mafatlal Gagalbhai & Co. Pvt.LTd were amalgamated with the Company.

    The name of the Company was changed to Mafatlal Industries Ltd. with effect from 24th January, 1974.

    Sunanda Electronics Ltd, Sushmita Holdings Ltd., Mishapar Investments Ltd., Mafatlal Holdings Ltd., Silvia Apparel Ltd., Mafatlal Services Ltd., Mafatlal Consultancy Services (I) Ltd., and Mafatlal Consultancy Services Inc., USA are the Subsidiaries of the Company.

    2000 - The Board for Industrial and Financial Reconstruction today declared Mafatlal Industries Ltd. a sick company. 2001 - Arvind Mafatlal Group flagship, Mafatlal Industries, has proposed splitting the company into two distinct entites as part of a rehabilitation package aimed at reviving the ailing company.

    2006

    -Mafatlal Industries Ltd has informed that Industrial Finance Corporation of India Ltd (IFCI Ltd) New Delhi, vide their letter dated November 07, 2006, has withdrawn the nomination of Shri. M K Mittal from the Board of Directors of the Company and ceased to be Director of the Company with effect from November 07, 2006..

    2008

    - Reappointed Shri. H A Mafatlal as the Managing Director designated as Vice-Chairman and Sr. President of the Company.

    2010

    - Shri. Hrishikesh A. Mafatlal, Vice-Chairman of the Company has been appointed as the Chairman of the Board of Directors of the Company.

    2012

    -Mafatlal Industries Ltd.has been launched 'Home furnishing range with terry towels and bedsheets'.

    2013

    -Mafatlal Industries Ltd has been amalgamated with Mafatlal Denim Ltd.

    -Mafatlal Industries Ltd has been appointed Shri Rasesh J. Shah as the Company Secretary and Compliance Officer of the Company.

    2015 -Mafatlal Industries Ltd awarded ` MOST PROMISING BRAND' in India in the category `Textile' by World Consulting & Research Corporation at London Mumbai.

    2017 -MAFATLAL INDUSTRIES LTD. awarded 'MOST PROMISING BRAND' in India in the category `Textile'.

    2018 -Mafatlal receives award in the school uniform category. -Introduction our new brand Rangrage by Mafatlals at Kolkata conference.

    2019 -Mafatlal Industries Ltd Launches Mohinee Range for Women.

    2022

    -Mafatlal Industries Ltd has splits its face value from Rs. 10/- to Rs. 2/-.

    -NFTICALLY partners with Mafatlal Industries, part of The Arvind Mafatlal Group, to launch metaverse gallery and NFT store in the fashion category.

    Way2Wealth Brokers Private Limited - CIN U67120KA2000PTC027628 Stock Broking: SEBI Regn No.: INZ000178638 | Exchange Membership ID: NSE: 11502, BSE: 3117, MSEI:51000, MCX: 56730 Depository Participant: SEBI Regn No. IN-DP-472-2020 | CDSL ID: 12062900 & 12031500, NSDL ID: IN303077 PMS: SEBI Regn No.INP000000829 | Register with AMFI ARN: 77558 (Date of Initial registration - 8th Dec 2009, Date of expiry - 24th Jan 2027) | PFRDA: POP226012019

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