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Bombay Rayon Fashions Ltd.

BSE: 532678 | NSE: BRFL |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE589G01011 | SECTOR: Textiles - General

BSE Live

Apr 01, 16:00
3.00 0.09 (3.09%)
Volume
AVERAGE VOLUME
5-Day
13,449
10-Day
9,984
30-Day
10,851
39,753
  • Prev. Close

    2.91

  • Open Price

    2.91

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    0.00 (0)

NSE Live

Apr 01, 15:51
3.00 0.00 (0.00%)
Volume
AVERAGE VOLUME
5-Day
40,619
10-Day
48,889
30-Day
47,039
32,176
  • Prev. Close

    3.00

  • Open Price

    3.00

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    3.00 (200)

Company History - Bombay Rayon Fashions
Our Company was incorporated as Mudra Fabrics Private 
 Limited (MFL) on May 21, 1992. On October 13, 1992 our
 Company was converted into a public limited company. 
 Subsequently, on September 30, 2004, name of our Company
 was changed to Bombay Rayon Fashions Limited (BRFL). In 
 March 2005, with a view to consolidate business of our Group, 
 Bombay Rayon Private Limited (BRPL) was amalgamated with 
 our Company and two partnership firms of the Group, i.e, 
 B R Exports and Garden City Clothing were taken over by BRPL 
 and our Company respectively.
 
 The Bombay Rayon Group
 
 The Bombay Rayon Group started in 1986 with the incorporation 
 of BRPL. The Group is in the textile industry having facilities for 
 manufacture of fabrics, garments, design development, sampling 
 etc. Presently, our Group is engaged in carrying out the activities 
 of manufacture of fabrics for domestic sale and export and 
 manufacture of garments for export.
 
 The Bombay Rayon Group was promoted by Mr. Janardan 
 Agrawal. Subsequently Mr. Aman Agrawal and Mr. Prashant
 Agarwal, sons of Mr. Janardan Agrawal joined the Group and 
 are now in charge of the management of the Company as
 well as our Group companies. 
 
 Key Events in the History of the Bombay Rayon Group/BRFL
 
 Year Key Events
 
 1986   Bombay Rayon Private Limited, the first company of Bombay
 Rayon
        Group incorporated for undertaking the business of
 manufacture
        of woven fabric                    
 
 1990   Start of manufacturing facilities for woven fabric at
        Navi Mumbai by BRPL
 
 1992   BRFL incorporated for undertaking the business of manufacture
        of woven fabric
 
 1998   Start of manufacturing facilities for woven fabric at Sonale
        in Thane district by BRFL
 
 1998   Fabric export started in the Group. B R Exports was formed
 for
        undertaking this business segment
 
 2003   * Group turnover reaches Rs. 100 crores
 
        * Start of Group's Silvassa unit for manufacture of woven
          fabric under Reynold Shirting Private Limited
 
        * Garment manufacturing for exports started in the Group.
          Garden City Clothing was formed for undertaking this
 business
 
 2004   * Decided to set up an integrated facility of yarn dyeing,
          weaving, process house and garment manufacturing at the
          apparel park in Doddaballapura near Bangalore
 
        * Awarded contact to Gherzi Eastern Limited for technical
          appraisal of the Expansion Project
 
        * Land allotment by KIADB at the apparel park being developed
          in Doddaballapura near Bangalore
 
 2005   * Consolidation of business of companies and firms of the
          Promoters
 
        * Group turnover crosses Rs. 140 crores
 
        * Company ventures into home furnishing and made ups
 
        * Incorporates a Wholly Owned Subsidiary at Almere, the
          Netherlands
 
        * EXIM Bank acquires equity in our Company. This was the
 first
          time that EXIM Bank has acquired an equity stake in an
          Indian Company on preferential basis.
 
 
 2007
 
 - Bombay Rayon Fashions Ltd bought LNJ Apparels, a unit of Rajasthan
 Spinning & Weaving Mills Ltd, for a sum of Rs 25.50 crore.
 
 -The Company acquires Leela Scottish Lace, one of the largest garment
 manufacturing units set up in India, making BRFL one of the largest
 apparel groups in India.
 -BRFL marks the commencement of the mega USD 250 million Textile and
 Garment Project under a special MOU signed with the government of
 Maharashtra.
 -BRFL establishes a fully integrated textile mill in Doddaballapur,
 Bengaluru with a capacity to process 1 lakh meters/day.
 2008
 
 -Bombay Rayon Fashions Ltd has approved the Scheme of amalgamation of
 Leela Scottish Lace Pvt. Ltd, a wholly owned subsidiary with the
 Company.
 
 -BRFL acquires the iconic brand Guru. 
 
 2009
 
 -Bombay Rayon Fashions Ltd has recommended the dividend of Rs 1.50/-
 per equity share (15%).
 
 -BRFL is sanctioned the project under the Scheme for Integrated
 Textile Park (SITP) by the Govt of India. 
 
 2010
 
 -Bombay Rayon Fashions Ltd has recommended the dividend of Rs 1.50/-
 per equity share (15%) 
 
 -BRFL establishes the worlds largest fabric processing capacity of 5
 lakh meters/day at Tarapore.
 
 -BRFL acquires STI India Ltd, a world class producer of 100% cotton
 yarn
 
 2011
 
 -Bombay Rayon Fashions Ltd has recommended the dividend of Rs 1.50/-
 per equity share (15%)
 
 -The Company has appointed Mr. M M Agrawal as an additional
 Director.
 
 2012
 - Offer for Sale (OFS) of equity shares of STI India Ltd at Floor
 Price.
 
 2013
 
 -Bombay Rayon has been appointed Dr. S B Agrawal with effect from
 August 22, 2013 as director, Mr. A Arumugham as Additional Director
 and appointed of Mr Babu Nambiar as Nominee Director.
 
 2014
 
 -The Company has appointed Ms. Parmy Kamani as the Company Secretary
 & Compliance Officer.