1990 - The Company was incorporated as a Public Limited Company on
August, and obtained Certificate of Commencement of Business
- The Company has obtained Registration from Deptt. of
Development, Ministry of Industry, Secretariant for
Approvals, Govt. of India for manufacturing polyster/nylon
monofilaments with annual capacity of 500 tonnes of NOIDA
Industrial ARea, Distt. Ghaziabad, U.P.
- The Company has been promoted by S/Shri Purshottam Bhageria,
Madhusudhan Bhageria and Madhav Bhageria.
1992 - The Company has entered into a technical collaboration
on 9th September, with Reifenhauser GmbH & Co.,
1993 - The Company Public Issue of 18,00,000 No. of Equity shares of
10/- each for cash at par aggregating Rs. 180 lacs.
1995 - The Company set up a Wind Power Project at Tamilnadu which
successfully commissioned in March.
- The Company issued 35,00,000 No. of Equity Shares of Rs.10/-
at a premium of Rs.35/- per Share Financial Institutions,
Funds and high networth investors.
1996-99 NO NEWS
2000 - The Company subject to necessary approvals, to issue
No. of equity shares of Rs. 10/- each at par by way of
preferential issue to the promoters of the company and their
relatives as issue part of promoters contribution in the
fixation/restructuring package proposed by IDBI.
2003 - Board approves expansion of the POY Spinning capacity
-Filatex Ltd has informed that the BoD of the company in their
meeting held today (January 6, 2004) have approved the issue of
15,00,000 7.5% Cumulative Convertible Preference Shares of Rs. 25/-
each to the promoters of the company including their associate
companies. The said Cumulative Convertible Preference Shares shall be
convertible into equity shares
-Filatex India Ltd has appointed Mr. B B Tandon as an Additional
Director of the Company w.e.f. April 12, 2008.
- Filatex India Ltd has appointed Mr. Vibhu Bakhru as an Additional
Director of the Company.