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Lambodhara Textile
BSE: 590075|ISIN: INE112F01014|SECTOR: Textiles - Spinning - Cotton Blended
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Lambodhara Textile is not listed on NSE
Company History - Lambodhara Textile
Lambodhara Textiles Limited was incorporated as a Private Limited
 Company on 17th March, 1994 and converted as a Public Limited Company
 on 26th October, 1996, under the
 Companies Act, 1956 and new Certificate of Incorporation was received
 on 7th November, 1994.
 
 The Registered Office of the Company is situated at the residential
 premises of the Managing Director, B II/I Park Avenue, Race Course,
 Coimbatore 641 018 and the company has
 given an undertaking to shift the same from the present premises. The
 factory is situated at 826, Thazayuthu, Palani Taluk.
 
 Lambodhara Textiles Limited is promoted by Mr.R. Santosh,son of Mr.V.
 Radhakrishnan who hail from one of the reputed textile families who
 are associated with textile industry for more than 20 years. They
 hail from the family of Mr. Venkataswamy Naidu who were associated
 with many
 companies, prominent among them being South India Viscose. Mr. V.
 Radhakrishnan is the Director of Lakshmi Ganesha Textiles Limited and
 V.R. Textiles.
 
 Lambodhara Textiles Limited started its manufacturing operations by
 taking over an existing sick unit and this was sold by Tamilnadu
 Industrial Investment Corporation Limited vide the sale deed dated
 27th day of May, 1994. The Company is engaged in the business of
 manufacture of yarn. The Company is presently having 4644 spindles
 with 2700 Kgs per day spinning capacity in 20s carded yarn.
 
 The Company proposes to immediately install further 5760 spindles
 with a additional capacity of 3700 kgs per day of 20s combed yarn
 
 The total capacity after the expansion will be 10404 spindles with a
 capacity of 6400 kgs per day.
 
 2010
 
 -Lambodhara Textile recommends a dividend of 10%
 
 2011
 
 -Lambodhara Textile recommends a dividend of 12.5%
 
 2012
 
 -Lambodhara Textile has recommended a dividend of Re. 1/- per Share
 of Rs. 10/- each
Source : Dion Global Solutions Limited
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