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Filatex India > Company History > Textiles - Manmade > Company History of Filatex India - BSE: 526227, NSE: FILATEX
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Filatex India
BSE: 526227|NSE: FILATEX|ISIN: INE816B01019|SECTOR: Textiles - Manmade
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Company History - Filatex India
YEAR                       EVENTS
 1990 - The Company was incorporated as a Public Limited Company on
 8th
        August, and obtained Certificate of Commencement of Business
 on
        5th September.
   
      - The Company has obtained Registration from Deptt. of
 Industrial
        Development, Ministry of Industry, Secretariant for
 Industrial
        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
 agreement
        on 9th September, with Reifenhauser GmbH & Co.,
 Maschinenfabrik,
        Germany.
 
 1993 - The Company Public Issue of 18,00,000 No. of Equity shares of
 Rs.
        10/- each for cash at par aggregating Rs. 180 lacs.
 
 1995 - The Company set up a Wind Power Project at Tamilnadu which
 was
        successfully commissioned in March.
 
      - The Company issued 35,00,000 No. of Equity Shares of Rs.10/-
 each
        at a premium of Rs.35/- per Share Financial Institutions,
 Mutual
        Funds and high networth investors.
 
 1996-99 NO NEWS
 
 2000 - The Company subject to necessary approvals, to issue
 15,00,000
        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
 firal
        fixation/restructuring package proposed by IDBI.
 
 2003 -  Board approves expansion of the POY Spinning capacity
 
 2004
 
 -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
 
 2008
 
 -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.
Source : Dion Global Solutions Limited
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