RUDRA ECOVATION Ltd.

YEAR                       EVENTS
 1980 - The company was incorporated on 20th February at Delhi.  It
 was
        promoted by B.K. Garodia a technocrat in financial
 collaboration
        with Himachal Pradesh Mineral & Ind. Development Corp. Ltd. 
 The
        company manufactures cotton and synthetic blended yarn.
 
 1984 - 10,10,045 No. of Equity shares taken up by promoters, etc.
        including (HPMIDC).  25-11% Pref. shares allotted to
 promoters,
        etc. 16,19,955 No. of equity shares issued at par of which
        89,955 No. of Equity shares reserved and allotted to HPMIDC. 
 The
        balance 15,30,000 shares offered to the public in Dec. 1984.
 
 1988 - The Company installed additional balancing equipments.
 
 1989 - The company proposed to instal Ring Data System for
 individual
        spindles for monitoring production efficiency.
 
      - The expansion and balancing scheme involving a capital
        expenditure of Rs 110 lakhs was implemented.  IFCI gave its 
        sanction for a marginal expansion cum balancing scheme
 involving
        inter-alia imports of auto coners and combers.
 
 1990 - A marginal expansion cum balancing scheme involving interalia
        import of autoconers & combers was taken up and was under
        completion.  The company submitted another marginal expansion
 and
        balancing scheme involving capital outlay of Rs. 1.3 crores.
 
      - During May-June, the Company offered 3,94,500 No. of equity 
        shares of Rs 10 each for cash at par on Rights basis in the
        propn. 15:100.  Only 41,000 shares taken up.  Out of the
 3,53,500
        shares remaining 3,34,000 shares were allotted privately
 leaving
        19,500 shares unsubscribed.
 
      - Simultaneously, another 19,725 No. of equity shares were
 issued
        at par to employees under the Employees' Stock Option Scheme.
 
 1991 - The Company privately placed with Canbank Mutual Fund 18%
        non-convertible debentures of Rs 100 each for Rs 95 lakhs. 
 These
        debentures are redeemable at 5% premium in three equal annual
        instalments commencing from 5th year from 1.1.1992 (the date
 of
        allotment of debentures).
 
 1993 - The Company imported two autoconers from Japan.  Efforts were
 on
        to install more balancing equipments to make better use of
        existing machines.
 
 1994 - During the year 1,65,000 redeemable cumulative pref. shares
 were
        allotted to SCICI, GIC and its subsidiaries.
 
 2007
 
 -The company has designated E-mail ID for Investors' Grievances:
 investorrelations@himachalfibre.com
 
 2009
 
 -The company appointed Shri. Ajai Singh as Special Director. 
 
 2010
 
 -The company appointed Shri. Rajinder Kumar as a Whole Time Director.
 
 
 -The company appointed Shri Sushil Singla, as Director Independent &
 Chairman & Shri Rajan Dhawan as Director Independent.
 
 -Mr. Rahul Kalia and Mr. Daljeet Singh Rana has been appointed as
 additional directors of the Company
 
 -The company appointed Shri Akhil Malhotra as a Managing Director of
 the Company.
 
 2013
 
 -Shri. Mayank Malhotra has been appointed as Non executive Director
 of the Company.
 
 -The company appointed Shri Pawan Nagpal as Whole Time Director.
 
 2015
 
 -Himachal Fibres has splits its face value from Rs. 10 to Rs. 1