Premco Narrow Fabrics Ltd. was incorporated as a private limited
 company on 15th September 1986 for the manufacture of narrow elastic
 tapes and woven fabrics.
 
 Subsequently by a special resolution at the Extra Ordinary General
 Meeting dated 28th September, 1994 it was converted into a Public
 Limited Company and the Registrar of Companies has issued a fresh
 certificate of incorporation consequent upon such conversion on 12th
 October, 1994.  The company changed its name to Premco Global Limited
 vide fresh certificate of incorporation issued by the Registrars of
 Companies dated December 1, 1994.
 
 Premco Global Ltd., (PGL) established its first unit in 1988 to
 manufacture 'Woven Narrow Fabrics' and knitted elastic tapes with six
 looms in Palghar.  Over the years the promoters have established five
 other associate concerns namely:  Naroleen Silk Mills Pvt. Ltd.
 (NSMPL), Sell more Pvt. Ltd. (SPL), Goldstar Elastics Pvt. Ltd.
 (GEPL), Silverline Elastics Pvt. Ltd. (SEPL) and Fem Elastics Pvt.
 Ltd. (FEPL) and installed another 17 looms in these companies at the
 existing site in Palghar.  All the above mentioned companies were
 engaged in processing jobs for PGL.
 
 All the associate existing profit making companies mentioned above
 have been amalgamated with the company with effect from 1st April,
 1994, in terms of the court order dated 25th October, 1994 and
 endorsement made by ROC on 31st October, 1994.  The amalgamation was
 entirely at Book
 Value.  The main promoters of the above mentioned companies are Mr.
 Bhagwandas Harjani and Mr. Ashok B. Harjani.
 
 The installed capacity of the Company together with the constituents
 before merger was 200 lacs meters per annum. 
 
 2007
 
 -The Comoany has recommended a Dividend of 8% i.e. Rs 0.80 per
 share.
 
 2008
 
 -The Company has recommended a dividend of 12% i.e. Rs 1.20 per
 share.
 
 2009
 
 -The Company has recommended a Dividend of 12% i.e. Rs 1.20 per
 share.
 
 2010
 
 -The Company has declared the dividend @ 12%
 
 2011
 
 -The Company has recommended a dividend of Rs. 1.20 per equity share
 of Rs. 10 each i.e. 12% for the year.
 
 2012
 
 -The Company has recommended a dividend of Rs. 1.20 per equity share
 of Rs. 10 each i.e. 12% for the year.