you are here:

Mohota Industries Ltd.

BSE: 530047 | NSE: MOHOTAIND |

Represents Equity.Intra - day transactions are permissible and normal trading is done in this category
Series: EQ | ISIN: INE313D01013 | SECTOR: Textiles - Composite Mills

BSE Live

Oct 14, 15:40
10.41 -0.16 (-1.51%)
Volume
AVERAGE VOLUME
5-Day
27,606
10-Day
20,084
30-Day
16,249
19,902
  • Prev. Close

    10.57

  • Open Price

    10.88

  • Bid Price (Qty.)

    10.41 (3683)

  • Offer Price (Qty.)

    10.60 (380)

NSE Live

Oct 14, 15:59
10.45 0.05 (0.48%)
Volume
AVERAGE VOLUME
5-Day
111,534
10-Day
83,704
30-Day
47,554
70,649
  • Prev. Close

    10.40

  • Open Price

    10.90

  • Bid Price (Qty.)

    0.00 (0)

  • Offer Price (Qty.)

    10.45 (170)

Company History - Mohota Industries
The Rai Saheb Rekhchand Mohota Spg & Wvg Mills, Fax No. 022 -2081556
 was established as early as 1898, as a proprietory concern by
 Mr.Rekhchand Mohota which was convened into partnership firm over a
 period of time. To professionalise the management and to obtain a
 corporate status the Mill was converted into Private Limited Company
 on 10/10/1946.
 
 Subsequently on 15/09/1988 it became a Deemed Public Limited Company
 under Section 43(IA) of the Companies Act and it was converted into
 full fledged Public Company vide Special Resolution passed on
 26.09.1994. The Company set-up a Spinning, Weaving and Processing
 Unit at Hinganghat (Maharashtra State) . Since inception the company
 is run by members of Mohota family till date. 
 
 The Mill started its operations with an installed capacity of 12,000
 Spindles and 200 Looms for manufacturing of cotton yarn & fabric and
 over decades efforts were made to modernise the Mill or Works in
 order to gear up the qualitative standards of its output to match
 with the International Standard. For last 14 years, the Company has
 been constantly upgrading its Mills under different modernisation
 schemes and the installed capacity of the Unit has been gradually
 increased to the present level of 46,688 Spindles and 455 Looms. The
 Company has established its sales through its Agents in various parts
 of India in order to eater directly to the domestic consumers. The
 fabrics and yarn
 are well received by the domestic consumers. The company has
 established its depots at various prominent centres of textile trade
 i.e at Bhiwandi, Bombay and at Ichalkaranji.   
 
 The company's proposed modernisation project involves a capital
 outlay of Rs.1,588/- lakhs which is being financed by IDBI, under
 it's Asset Credit Scheme, public issue and internal accruals. This
 would result in increasing the product mix capacity and also enlarge
 the facilities tor value addition.
 
 
 2005
 
 - Chairman of the Company Shri Girdhardasji Mohota expired on May 10,
 2005.
 
 2007
 
 -Company  has informed that  e-mail ID of the grievance redressel
 division for the purpose of registering complaints by investors has
 been  given is ,info@rsrmm.com.
 
 
 2008
 
 -Rai Saheb Rekhchand Mohota Spinning & Weaving Mills Ltd has
 appointed Shri. Pavan Poddar and Shri. Sudhir Rathi, as an Additional
 Directors of the Company with effect from August 28, 2008.
 
 2014
 
 -Board has recommended a Final Dividend of Rs.0.05per share of
 Rs.10each(i.e.0.50%).
 -Rai Saheb Rekhchand Mohota Spg. & Wvg. Mills has announces bonus in
 the ratio of 2:1
  
 2015
 -The Company has allotted the Bonus Shares to its shareholders in the
 Ratio of 1:6.