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JJ Exporters > Company History > Textiles - Synthetic & Silk > Company History of JJ Exporters - BSE: 530049, NSE: N.A
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JJ Exporters

BSE: 530049|ISIN: INE408B01015|SECTOR: Textiles - Synthetic & Silk
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Company History - JJ Exporters
YEAR                                                                  
       EVENTS
 1972 - J.J. Exporters, a partnership firm was incorporated on 29th
 December as a private limited
              company under the name J.J.Exporters Pvt. Ltd.   It was
 converted into a public limited
              company on 12.10.1973. The organisation has 28 years of
 history in the manufacturing
              and exporting of silk fabrics and garments.
 
            - The Company's primary activity is the export of silk
 fabrics.  It develops designs for silk
               fabrics in-house and gets them woven from handloom
 weavers in Bangalore and Bhagalpur.
               The Company has yarn dyeing facility at Bangalore and
 has fabric dyeing and finishing facility
               at Bhagalpur.
 
            -  The Company is one of the top exporters of silk fabrics
 from India and has won recognition
                and awards from various government agencies and
 councils for its export performance.
 
              - The Company has won over 30 awards in its history with
 at least one award being won
                 every year since 1968.   It has won the highest
 exporter award 11 times (For a complete
                 list of awards, see below). It is recognised as a
 Trading House by the Government of India.
 
 1968-73 Central Silk Board - award for consistency in Export
 Performance.
 
 1973 - Handloom Export Promotion Council -Trophy for highest 
 export.
 
 1973-74 - Government of India, Ministry of Commerce - Certificate of 
 Merit for Best exporter of Silk Goods.
 
 1974-75 - Central Silk Board - award for outstanding exports of silk
 goods.
 
 1975-76 - Government of India - Certificate of Merit for outstanding
 export performance in Silk Fabrics.
 
            - Central Silk Board - Award for excellence in export of
 silk goods.
 
            - Handloom Export Promotion Council - Award for
 outstanding export performance.
 
 1976-77 - National Award for outstanding export performance from the
 President of India.
 
             - Handloom Export Promotion Council-trophy for highest
 export.
 
             - Central Silk Board - 1st prize for excellence in export
 of silk goods.
 
 1977-78 - Handloom Export Promotion Council - Trophy for highest
 export.
 
            - Central Silk Board - 1st prize for outstanding export
 performance of Silk Goods.
 
 1978-79 - Handloom Export Promotion Council - Trophy for highest
 export.
 
            - Central Silk Board Award - 1st prize for outstanding
 export performance in Silk Goods.
 
            - Government of India, Ministry of Commerce - Certificate
 of Merit for outstanding export
               performance in Silk Fabrics.
 
 1979-80 - Central Silk Board - Award for outstanding export
 performance in Silk Goods.
 
            - Handloom Export Promotion Council - Silver medal for
 export performance.
 
 1980-81 - Central Silk Board - Award for excellence in export of Silk
 Goods.
 
 1981-82 - Central Silk Board - Trophy for meritorious export
 performance in Silk Goods.
 
             - Handloom Export Promotion Council - Silver Medal for
 outstanding export performance.
 
 1982-83 - Handloom Export Promotion Council - Silver Medal for
 outstanding export performance.
 
 1983-84, 1984-85, 1985-86 - Indian Silk Export Promotion Council -
 Outstanding export performance
              award for silk goods
 
 1986-87 - Indian Silk Export Promotion Council - Silver Trophy for
 overall Silk Export.
 
 1986-87, 1987-88, 1988-89 - Indian Silk Export Promotion Council -
 Golden Trophy for highest
               export of Silk Fabrics.
 
 1988-89 - Indian Silk Export Promotion Council - Silver Trophy for
 overall Silk Export.
 
 1989-90 - Indian Silk Export Promotion Council - Golden Trophy for
 highest export of Silk Fabrics.
 
            - Indian Silk Export Promotion Council - Silver Trophy for
 overall Silk Export.
 
 1990-91 & 1991-92 - Indian Silk Export Promotion Council - Golden
 Trophy for highest overall
              Silk Export.
 
            - Indian Silk Export Promotion Council - Golden Trophy for
 highest export of Silk Fabrics.
 
 1995 - The Company issued 12,00,000 No. of Equity Shares of Rs.10/-
 each for cash at a
               premium of Rs.60/- per Equity Share aggregating Rs.840
 lacs during the financial year.
 
            - Mr. G.P. Fatehpuria, Mrs. Kusum Khemka and Mrs. Aruna
 Jhunjhunwala resigned from the
              Board effective October 6, 1994.
 
           - The Company was awarded the status of Trading House
 during the year.
 
 1996 - The Company had undertaken modernisation of yarn dying
 facilities and establishing
               yarn preparatory section at Bangalore and modernisation
 of fabric dyeing facilities at
               Bhagalpur.
 
            - Most of the machines at Bhagalpur have been installed
 except one Felt Calender.  Dyeing
              machines and effluent treatment plant at Bangalore have
 also been installed and are working
              satisfactorily.
 
            - Mrs. Laxmi Jhunjhunwala and Mr. S. Jalan retire by
 rotation and being eligible offer themselves
              for reappointment.
 
 1997 - Mr. J. Narayan resigned from the Board effective April 29. 
 Mr. M. L. Gulrajani and
              Mr. P.J. Sheth retire by rotation and being eligible
 offer themselves for reappointment.
 
            - The Company's two subsidiaries, are J. J. Holdings Ltd.
 and Tanushree Silks Ltd.
 
 1998 - The Directors also propose a joint venture Company in Belgium
 in the current year in
              order to facilitate better marketing of the Company's
 products in Europe.
 
 1999 - Mr. Arun Kr. Shraff, a Whole Time Director resigned from the
 Directorship of the Company
             during the year with effect from 1.2.99.
 
           - The company acquired 52,15,000 shares of JJ SPECTRUM SILK
 LIMITED from, its
              overseas promoter M/s. Ostertag Hausamann Faes AG and
 it's nominee during the
              year.
 
           - JJ SPECTRUM SILK LIMITED has also become a subsidiary of
 the Company.  The Company
             also subscribed to 200000 - 10% Redeemable Cumulative
 Preference Shares of Rs. 100/- each
             in J. J. Spectrum Silk Ltd. during the year. 
 
 2000 - J. J. Holdings Ltd. a wholly subsidiary of the company is
 proposed to be merged
              with the Company w.e.f. 01.04.2000 subject to the
 approval of Honourable High Court
              of Calcutta.
 
           - The company has acquired 100% Equity Shares of Pooja
 Creations Pvt. Ltd. which
              has become a wholly owned subsidiary of the company and
 the said subsidiary
              company has currently undertaking a project for
 manufacture and exports of garments.
 
            - The Company has entered into an agreement with the
 National Security Depository
               Limited (NSDL) for dematerialisation of the Company's
 shares and the Company has
               got the ISIN No.INE408B01015.
 
            - During the year under review, Company acquired 29,994
 shares of Mysore Rubbers Ltd.,
               By virtue of this Mysore Rubbers Ltd. has become as
 subsidiary of the Company.
 
 2002- J.J.Exporters Ltd has informed  that the Board have noted the
 resignation of Mr Pawan Kumar Chomal, Company Secretary &appointed Mr
 B L Banthia Finance Controller of the Company as Finance Controller &
 Company Secretary.
 
 -J.J. Exporters Ltd has informed  that the Board of Directors 
 reappointed Mr R P Todi as Whole Time Director for a term of 5 years.
 The Board has also appointed Mrs Laxmi Jhunjhunwala as a Whole Time
 Director for a period of 5 years.
 
 2008
 -Company has designated email id for grievance redressal division /
 compliance officer:
 jjemail@vsnl.com  
 
 
Source : Dion Global Solutions Limited
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