Jamshri Realty Ltd.

YEAR                       EVENTS
 1907 - The Company was Incorporated at Mumbai.
 
      - The Company's object is to manufacture cotton textiles. 
 Counts
        ranging from 1 1/2s to 40s are spun and the cloth width
 ranges
        from 28 to 55.  The Mills are equipped to do dyeing,
        calendering and yarn dyeing.
 
 1948 - 777 bonus equity shares issued in the prop. 1:1.
 
 1968 - In July, 1,554 Bonus equity shares issued in the prop. 1:2.
 
 1971 - 1,554 bonus equity shares issued in the prop. 1:2.
 
 1980 - 2,331 bonus equity shares issued in prop. 1:2.
 
 1985 - Under the modernisation programme, the company installed one
        Padmatex super speed warping machine, one Padmatex auto cone
        winding machine, on Primatex 5 chamber hot air stenter, one 
        Texprint 10 colour fully automatic flat bed screen printing 
        machine, one Star Hiska rapid jet dyeing plant, two Barber
 cone 
        machines, one Barber cone warping machine and one mini 
        carbonising plant.
 
      - The land, buildings, flats, plant and machinery of the
 Company
        were revalued as on 31st March, and the increase in value
 arising
        out of this was credited to revaluation reserve.
 
 1986 - The Company installed 2 Laxmi Reiter high speed draw frames,
 4
        MEI super spinning ring frames each of 440 spindles, 1 MMG
 high
        draft speed frame, 4 Laxmi Reiter high production cards, 1
 Laxmi
        Reiter ERM cleaner and one RMM weft straightener.
 
 1987 - In Additions to machinery included 2 nos. Laxmi Reiter high
 speed
        draw frames, 4 nos. MEI dry super doublers of 400 spindles
 each,
        1 No. super jumbo jigger, 1 No. textprint semi-auto flat bed
        screen printing machine of 8 colours, 1 No. L.R.H.S.
 Crystallina
        card model C 1/3, 3 Nos.  MEI super spinner ring frames each
 of
        440 spindles and 4 Nos. Texmaco doubling machines each of 440
        spindles.
 
 1988 - The IDBI sponsored modernisation scheme was being
 implemented.
        The main machinery installed were 2 nos. super spinner ring 
        frames, 2 nos. Laxmi Reiter crystallina cards, 3 nos. double 
        sided multiple end winder, 1 no. jet dyeing machine, 1 no.
 super
        jumpo jigger.
 
      - Profitability was adversely affected on account of the
 increase
        in the cost of inputs, stores, colour and chemicals without
 any
        significant rise in the realisation on manufactured products.
 
 1989 - One Laxmi Reiter Crystallina card was acquired under the 
        modernisation scheme.
 
      - During February/March, the Company offered the following 
        debentures on rights basis:
 
      - (i) 17,500 convertible debentures of Rs.100 each in the ratio
 1
        convertible debenture for every 4 fully paid equity shares
 (only
        14,647 debentures taken up).  The unsubscribed portion of
 2,853
        debentures were allotted on private placement basis.  
 
      - (ii) 17,500 non-convertible debentures of Rs.100 each in the 
        ratio 1:4 (only 11,702 debentures taken up).  The unsubscribed
 
        portion of 5,798 debentures were allotted on private placement
 
        basis.
 
      - The convertible debentures were to be converted into one
 equity
        shares of the face value of Rs.100 at par at the end of 7
 years
        from the date of allotment, i.e., 30th June.
 
      - The Non-convertible debentures were to be redeemed at a prem.
 of
        Rs.5 per debenture at the end of 9 years from the date of 
        allotment, i.e., 30th June.
 
 1990 - The Company had taken up a second scheme of modernisation with
 
        the participation of the financial institutions.
 
 1991 - The Company issued 14% non-convertible debentures of Rs.100
 each
        for an aggregate amount of Rs.260 lakhs on private placement 
        basis with Canbank mutual fund.  These debentures are
 redeemable
        at a prem. of Rs.5 per debentures at the end of 6th, 7th and
 8th
        years from the date of allotment.
 
      - 69,930 bonus shares issued in prop. 1:1.
 
 1992 - Profitability was adversely affected due to increase in the
 power
        tariff by 30%, high interest charge and general recessionary
        trend in the world market.
 
 1993 - During October, the Company issued 6,99,440 No. of equity
 shares
        of Rs.10 each at a prem. of Rs.65 per share on rights basis
 in
        the prop. of 2:5.  (6,99,282 shares were taken up.  Remaining
        158 shares were not allotted).
 
      - Simultaneously, the company also issued 10,51,900 No. of
 equity
        shares of Rs.10 each at a prem. of Rs.90 per share through
        a prospectus of which 52,600 shares to employees (only 19,500
        shares were taken up), 1,05,100 shares to Indian Mutual Funds
 
        (all were taken up) and 4,20,700 shares to NRIs (all were
 taken
        up) were reserved for allotment on preferential basis.  The 
        balance 4,73,500 shares were offered to the Indian public. 
 (All
        were taken up inclusive of 33,100 shares not taken up by
        employees).
 
      - 3,50,000 shares allotted on conversion of debentures. 
 17,51,182
        shares allotted on rights cum public issue.
 
 1994 - The working of the company was adversely affected due to the 
        unprecedented rise in the cost of raw materials.
 
 2011
 
 -The Company has shifted its office to Mafatlal House, Ground Floor,
 H.T. Parekh Marg, Backbay Reclamation, Churchgate, Mumbai - 400 020.
 
 2019
 
 -The Company has splits its face value from Rs. 10/- to Rs. 1000/-.
 
 -Company name has changed to Jamshri Realty Ltd. from Jamshri
 Ranjitsinghji Spg & Wvg Mills Co. Ltd..