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Faze Three Ltd.

BSE: 530079 | NSE: FAZETHREE | Series: NA | ISIN: INE963C01033 | SECTOR: Textiles - Spinning - Cotton Blended

BSE Live

Oct 19, 15:58
297.30 -5.90 (-1.95%)
Volume
AVERAGE VOLUME
5-Day
24,083
10-Day
34,990
30-Day
86,418
19,283
  • Prev. Close

    303.20

  • Open Price

    296.30

  • Bid Price (Qty.)

    297.30 (94)

  • Offer Price (Qty.)

    303.50 (60)

NSE Live

Dec 27, 11:22
17.90 1.90 (11.88%)
Volume
No Data Available
3,415
  • Prev. Close

    16.00

  • Open Price

    -

  • Bid Price (Qty.)

    - (0)

  • Offer Price (Qty.)

    - (0)

Faze Three is not listed on NSE
Company History - Faze Three
YEAR                       EVENTS
 1985 - The Company was incorporated as Private Limited Company on
 9th
        January, with the Registrar of Companies, Maharashtra at
 Mumbai
        with the main object of carrying on the business of
 manufacture
        and exports of cotton handloom, furnishing fabrics and
 made-ups. 
 
      - The Company has its own handloom unit at Panipat, Haryana
 spread
        on an area of 16,900 sq. mtrs. with the facilities to
 manufacture
        in-house products of Jacquard Looms, Frame Looms, Pitlooms,
 Punja
        Looms, Handtuffted looms and a Dye House with a capacity of
 8000
        kg/day.
 
      - The Company was promoted by Mr. Ajay Anand.
 
 1994 - The Company became a Public Limited Company on 27th January,
        under the provisions of Section 43 A(1A) of the Act.  The
 Company
        was subsequently converted into full fledged Public Limited
        Company by a Resolution passed under Section 31 of the
 Companies
        Act, 1956 at the Extra-ordinary General Meeting, held on 27th
 
        May.
 
      - The Articles of Association of the Company were suitably
 modified
        and a revised Certificate of Incorporation was obtained from
 the
        Registrar of Companies, Maharashtra at Mumbai on 15th
 September.
 
 1995 - The Company proposes to set up state of the art plant at Goa
 to
        manufacture Jacquard Furnishing fabrics and made-ups under
 15%
        concessional duty scheme with an installed capacity of 11.66
        lakhs sq. mtrs.
 
      - The Company Public Issue of 10,55,000 No. of Equity Shares of
 Rs.
        10/- each for cash at a premium of Rs. 110/- per share
        aggregating to Rs. 12.66 crores.
 
 1997 - The company was to originally set up its manufacturing unit
 in
        Goa, but due to some procedural delays shifted the venue of
        Silvassa in Gujarat which provided certain backward area
        benefits.
 
 1998 - The Company is planning to formally list its shares on the
        National Stock Exchange after which the investors will have
        better liquidity for their investments.  The Shares of the
        Company are rarely being traded in Ahmedabad and Delhi Stock
        Exchanges, the Company is proposing for voluntary delisting
 of
        its shares in these exchanges.
 
 1999 - The Company has entered into a Scheme of Arrangement for
 hiving
        off Dadra (Union Territory) manufacturing unit with Aunde
 Faze
        Three Autofab Ltd., a Joint venture of Faze Three Exports
 Limited
        and Aunde Achter & Ebels GmbH.
 
 2005
 
 -The Company established new rubber backed bathmat plant with 8
 million pc/.yr.
 
 -Faze Three receives Gold Medal & Sliver Trophy from Ministry of
 Textiles
 
 -Faze Three receives order worth Rs 160 mn from Target Stores
 
 -Faze Three secures order worth Rs 18 crores from Walmart Stores,
 USA
 
 -Faze Three goes into JV with Whitley Willows, UK
 
 -Faze Three has given the Bonus in the Ratio of 3:2
 
 -Company has splits its Face value of Shares from Rs 10 to Rs 2
 
 2006
 
 -The Company has alloted bonus in the Ratio 3:2.
 
 -The Company recommended Dividend @ 10% on Equity Shares of Rs 2/-
 each.
 
 -Faze Three receives order from Walmart Stores
 
 2007
 
 -The Company has formed a subsidiary in U.S.A. called FAZE 3 USA,
 LLC.
 
 -Faze Three Acquires 76% in Pana Textile GmbH.
 
 -Company has Consolidates its Face value of Shares from Rs 2 to Rs
 10
 
 2008
 
 -The Company designated email i.d. exclusively for grievance
 redressal division / compliance officer.