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Birla Cotsyn India
BSE: 533006|NSE: BIRLACOT|ISIN: INE655I01024|SECTOR: Textiles - Spinning - Synthetic Blended
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Company History - Birla Cotsyn India
Major events in the History of our Company
 
 Sep 1941 - Incorporated by Mr. R.D. Birla under the name style of
 M/s Jamod Ginning Company Pvt. Ltd.
 
 Oct 1998 -  Renamed as M/S. Birla Agro Pvt. Ltd.
 
 Dec 2004 - Change in Object clause to include the business of
 manufacturing
 / importing / exporting all kinds of yarns, carpets, fabric materials
 and agro 
 chemicals
 
 Dec 2005 - Name Changed to Birla Cotsyn (India) Pvt. Ltd.
 
 Mar 2006 - Name changed to Birla Cotsyn (India) Limited pursuant to
 conversion
 into Public Limited Company.
 
 Mar2006 -  Change of Registered Office from Queen’s Mansion, Fort, 
 Mumbai - 400 001 to Dalamal House, 1st Floor, Nariman Point, Mumbai -
 400 020.
 
 May 2006 -  Coverted into Public Limited company and name modified
 into Birla
 Cotsyn (India) Ltd
 
 Aug 2006 -  Acquired the business of Khamgaon Syntex (I) Ltd., a
 wholly owned
 subsidiary of Zenith Ltd, one of the group companies.
 
 Dec 2006 - Entered in to a Joint Venture Agreement with P.B.
 Bharadwaj Group 
 whereby the promoters’ equity will be shared in the ratio of 50:50
 between YBG
 and PBG.
 
 April 2007 - Change in Object clause to include the business of
 extracting/ 
 processing and refining oil from cotton and other seeds
 
 May,2007 -  Mega Project status accorded by Government of
 Maharashtra
 
 Sept 2007 - Change in Object clause to include the business of
 manufacturing, 
 buying, selling and dealing in fabrics such as home textiles, Ready
 Made 
 garments, etc and also to set up company owned retail outlets or to
 issue to 
 franchisee rights to buy, sell or otherwise deal in such products.
 
 Main Objects of our Company:
 
 1. To carry on the business as manufacturers, processors, spinners,
 weavers, 
 knitters, ginners, pressers, packers, doublers, balers, buyers’
 balers, buyers’
 exporters, importers, stockists, dealers, traders, commission agents
 and
 fabricators in all kinds of cotton, jute, flex, hemp, silk, raw silk,
 artificial silk,
 wool, rayon, nylon, terylene polyster, rexine, synthetic yarn,
 synthetic fibre,
 staplefibre and any other natural, synthetic or man made fibre and
 blends 
 or fibrous substances and materials, textiles, fabrics and yarns, of
 all kinds
 whether made from cotton, wool, silk, raw silk, jute, hemp, rayon,
 artificial
 silk, nylon, terylene and any other natural synthetic or man made
 fibre and 
 blends of fibrous substances and materials,
 
 2. To manufacture, buy, sell and deal in linen and other to carry on
 the
 business of wool combers, worsted spinners, worsted stuff
 manufacturers,
 drapers, printers, dyers, bleachers, sizers, weavers, dress makers,
 finishers,
 made-ups, home textiles and ready made garments, home furnishing and
 
 made-up items, bed-linen, comforters, quilts, rugs, carpets,
 coverlets, towels,
 napkins, handkerchiefs, stitching, tailoring, texturing, combing,
 testing,
 reeling, double mixing, processing of all fabrics and other textiles
 such as
 sarees, dress outfitters and hosiery goods whether made of cotton,
 nylon,
 polyster, silk, art silk, rayon wool, linen, jute, hemp, viscose,
 jari, thread or 
 feathers, hem fibres and any to be developed in future whether
 natural or
 artificial fibres.
 
 3. To carry on all or any of the business of wholesalers, dealers and
 retailers
 either by setting up Company owned retail outlets or by issuance of
 franchise 
 rights or by any other mode to buy, sell or otherwise deal in
 drapers, dress
 material, made-ups, home textiles and ready made garments, home
 furnishing 
 and made-up items, bed-linen, comforters, quilts, rugs, carpets,
 coverlets,
 towels, napkins, handkerchiefs, of all fabrics and other textiles
 such as sarees,
 dress outfitters and hosiery goods whether made of cotton, nylon,
 polyster, silk,
 art silk, rayon wool, linen, jute, hemp, viscose, jari, thread or
 feathers, hem fibres
 and any to be developed in future whether natural or artificial
 fibres.
 
 
 2008
 
 -Birla Cotsyn India, part of Yash Birla Group is open for
 subscription from June 30, 2008. The issue will close on July 04,
 2008. The IPO is of Rs144.18 crore and the price band for the issue
 has fixed at Rs15 to Rs18 per equity share.
 
 2009
 -Company has splits its Face value of Shares from Rs 10 to Re 1
 
 2010
 
 -Birla Cotsyn (India) Ltd has given the Bonus in the Ratio of 1:5
Source : Dion Global Solutions Limited
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