you are here:

Alok Industries Ltd.

BSE: 521070 | NSE: ALOKINDS |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE270A01029 | SECTOR: Textiles - Weaving

BSE Live

May 06, 14:08
18.95 0.00 (0.00%)
Volume
AVERAGE VOLUME
5-Day
1,788,566
10-Day
3,481,131
30-Day
1,965,157
602,662
  • Prev. Close

    18.95

  • Open Price

    19.15

  • Bid Price (Qty.)

    18.90 (47363)

  • Offer Price (Qty.)

    18.95 (50875)

NSE Live

May 06, 14:08
18.95 -0.05 (-0.26%)
Volume
AVERAGE VOLUME
5-Day
12,809,440
10-Day
21,147,772
30-Day
13,576,240
3,844,039
  • Prev. Close

    19.00

  • Open Price

    19.10

  • Bid Price (Qty.)

    18.90 (336904)

  • Offer Price (Qty.)

    18.95 (154972)

Company History - Alok Industries
YEAR                       EVENTS
 1986 - Alok Textiles Industries Limited was incorporated as a
 private
        limited company on 12th March, and the name was changed to
 Alok
        Textile Private Ltd. on 17th November, 1992.  The Company was
        subsequently converted into a Public Limited Company on 11th
        February, 1993.  It was promoted by Alok Group of Jiwrajka
        family, Mumbai.
 
 1993 - The Company undertook to set up a weaving project at Tanghar,
        Bhiwadi, dist., Thana for its weaving preparating and weaving
        unit.  50 nos. automatic looms and one warping machine of
        cimmco make were procured for the expansion of its
 texturising
        unit the Company installed imported roto jet clip set of
        Heberlien Machinenfabric AG Switzerland make on 108 spindles.
 
 1995 - To overcome the short coming the Company set up
 state-of-the-art
        process house at New Mumbai.
 
      - The Company undertook to integrate its activities by setting
 up
        facilities for knitting and processing to cater to garment
        export industry.  The knitting project housed at Silvassa
        was to facilitate production of 1226 TPA of cotton knitted
        fabrics by installing 8 nos. imported Mayer & Cue circular
        knitting machine.
 
      - The Company also undertook to set up a state-of-the-art
        textile process house for processing of cotton viscose
 fabrics
        and cotton knitted fabrics.  The unit was to have an
 installed
        capacity of 201.60 lakh meters p.a. of woven fabric and 2688
        TPA of knit processing.
 
      - 12,30,096 equity shares subscribed (of these 7,45,396 shares
        allotted as bonus shares).  25,15,000 equity shares of Rs. 10
        each were then issued at a premium of Rs. 10 per share in
        February 1993 as follows: (i) 2,65,000 shares allotted on a
 firm
        basis to promoters, directors their firends etc. (ii)
 2,25,000
        shares issued to NRIs/OCBs on preferential basis,  (iii)
        Balance 20,25,000 shares issued to public.
 
 1996 - The Company increased its capacities in yarn production to
        accommodate the increase in demand by virtue of fall in
 prices
        and due to shift in preferences from cotton to polyester.
 
      - The Company undertook to modernise its weaving operations by
        installing Sulzer Projectile loom at Rakholi, Silvassa for
 the
        manufacture of 100% cotton fabrics of wider width with an
        installed capacity of 25.58 lakh metres p.a. M/s. Gherzi
        Eastern India Ltd. were appointed for executing the project
        on a turnkey basic.
 
      - 74,90,192 Rights Equity Shares issued (Prem. Rs. 10; Propn.
        2:1.)
 
 1997 - As per permission sought at the Extra-Ordinary General
 Meeting
        held on 30th April, deal pertaining to sale of the Company's
        unit at 65-A, Piparia Industrial Estate, Silvassa was
 concluded.
 
 1998 - 12,40,000 No. of equity shares of Rs 10 each (prem. Rs.8)
        allotted to Indianan Ford Mauritius Ltd. on private placement
        basis.  22,50,000 No. of equity shares (prem. Rs 10 per share)
 to
        promoters of the Co. 87,77,000 No. of equity shares allotted
 to
        Centering Direct Fund (Mauritius) and another 3,65,700 No. of
        equity shares at par allotted to TCFC Finance Ltd. on
        preferential basis.
 
 2002
 
 -Commissions the Process house and Weaving plants at Vapi and
 Silvassa respectively.
 
 2003
 
 -Bags $20 million loan from IFC and sanctions $17.5 mn.
 
 -Appoints M/s Deloitte Haskins and sells as concurrent auditor of the
 company.
 
 -Arisaig partners has acquired 4,07,500 shares through open market
 purchase.
 
 -IDBI sells 2.08% shares of the company.
 
 -Members approve for delisting of the shares of the company from 3
 stock exchanges (Madras, Delhi, Ahmedabad).
 
 -UTI Asset Management Company has withdrawn the nomination of Shri
 Mahesh C Verma as the Nominee Director on the Board of the company.
 
 -The Company has informed that Madras Stock Exchange Limited (MSE)
 have vide their letter dated December 12, 2003 delisted the equity
 shares of the company. The quotation for the equity shares of the
 company have been removed from the official list of MSE w.e.f.
 December 12, 2003.
 
 2004
 
 -Alok Industries Limited has informed that the Delhi Stock Exchange
 Association Limtied (DSE) have delisted the equity shares of the
 Company from DSE wef January 23, 2004.
 
 2005
 
 -Alok Industries awarded Silver Trophy by TEXPROCIL
 
 2007
 
 -Alok Industries Ltd has informed that Credit Analysis & Research Ltd
 (CARE) have vide their letter dated May 18, 2007 revalidated a 'PR1'
 (PR One) rating for the Company's Commercial Paper program / MIBOR
 linked to the short term Non-Convertible Debentures / other short
 term instruments for an amount of Rs 200 crore (size enhanced from Rs
 100 crore) for a maturity upto 3 months.
 
 2009
 
 - The Company has issued rights in the ratio of 83:40 at a premium of
 Re 1.
 
 2010
 
 -Added Terry Towels to its product range 
 
 -Registered Office of the Company has been shifted from 'B/43, Mittal
 Tower, Nariman Point, Mumbai 400 021' to '17/5/1, 521/1, Village
 Rakholi / Saily, Silvassa- 396230
 
 2011
 
 -25 years of corporate journey completed
 
 -Awarded the IMC - Ramakrishna Bajaj National Quality (RBNQ)
 Performance Excellence Trophy in the Manufacturing Category 
 
 -Expansion of Polyester production from 600 tons/day to 1400 tons/day
 commenced 
 
 -Awarded status of 'Recognised Star Trading House' 
 2012
 
 -Completion of Expansion of polyester production from 900 tons/day to
 1400 tons/day.
 
 -The amalgamation of Grabal Alok Impex Limited (GAIL) into the
 company was completed on 1 March 2012 with effect from 1 April 2011
 
 -Gold Trophy for Global Exports of Bleached / Dyed / Yarn Dyed /
 Printed Fabrics in Fabrics Category 
 
 -Gold Trophy for Exports of Bed Linen / Bed Sheets /Quilts in
 Made-ups Category 
 
 -SilverTrophyfor Highest Global Exports Category 
 
 -Silver Trophy for second best export performance for the year
 2010-11 in the category of Polyester Yarn 
 
 2013
 
 -Alok Industries Ltd Issues Rights in the Ratio of 2:3
 
 -Alok Industries Ltd has been awarded an Appreciation Certificate
 
 -Alok Industries Ltd Board recommends Dividend of 3% i.e. Rs. 0.30
 per share for the period ended September 30, 2013
 
 2014
 
 -Alok Industries Ltd has informed regarding Intimation of Credit
 Facility.
 
 2015
 
 -Alok Industries Ltd has received USD 50 million under Export
 Performance Bank Guarantee Scheme (EPBG).