1991 - Mahalaxmi Rubtech Ltd. was incorporated for manufacturing of
synthetic rubber coated, cotton printing blankets and also air cells
and hydraulic seals.
2007 - The comapny had planed to raise a sum of about Rs 25 crore for
its ongoing expansion project, by way of rights issue of equity shares
-The Company has issued Bonus Shares in the Ratio of 1:4.
2008 - The board of the company had allotted 12,00,000 warrants
convertible in to equity share of Rs 10 each at price of Rs 79 per
warrant on preferential basis.
- The company had announced the merger of a group flagship company
Mahalaxmi Fabric Mills Pvt. Ltd. with itself.
-Company has splits its Face value of Shares from Rs 10 to Re 1.