Simplex Realty Ltd.

YEAR                       EVENTS
 1912 - The Company was incorporated at Mumbai.  The main objective of
 
        the company is to manufacture cotton, silk, terene & blended
        textiles & bleaching & dyeing materials & paper & paper
 board.
 
 1966 - 24,192 Bonus Equity shares issued in the proportion 1:5.
 
 1967 - 36,288 Bonus Equity shares issued in the proportion 1:4.
 
 1969 - 18,144 Bonus Equity shares issued in the proportion 1:4.
 
 1975 - 99,792 Bonus Equity shares issued in the proportion 1:2.
 
 1978 - 49,896 bonus shares issued in the proportion 1:6.
 
 1983 - The company set up a paper plant at Gondia in Maharashtra.  A
        second-hand reconditioned paper plant with an annual capacity
        of 10,000 tonnes purchased from U.K. was installed.
 
 1988 - New products like nylon conveyor belting and nylon cycle cord
        were introduced to cater to the needs of the industrial
 sector.
 
 1989 - Gondia paper plant unit could dispose of all accumulated
 stocks.
        In order to overcome loss of production it was decided to 
        modernise the existing machines for which a scheme was
 submitted
        to the Financial Institutions.
 
 1990 - The Company undertook to replace all the ordinary looms with 
        140 Ruti-C looms.  48 of these looms were installed and put
 into 
        operation and the remaining 92 were installed during 1992-93.
 
 1991 - The company undertook to install a high efficiency fluidised
 bed
        combustion boiler.  With a view to improving the plant 
        performance to cater to the high end of the market and also
 to
        increase plant capacity to approximately 40%, the company
        approached a German Consultancy firm.
 
      - 2,49,480 bonus equity shares issued in prop. 1:7.
 
 1992 - The increase in input costs, transporters' strike in July,
        followed by communal disturbances once again affected the
 working
        of the unit.
 
      - The German Consultants recommended shutting down the plant
 for
        carrying out modification in the paper machine.
 
      - During September-October the Company issued 9,97,920 No. of
        equity shares of Rs. 10 each for cash at a premium of Rs. 70
 per
        share on Rights basis in the proportion 1:2 (all were taken
 up.
        1,749 shares were kept in abeyance).  Another 49,896 No. of
        equity shares of Rs. 10 each for cash at a premium of Rs. 70
 per
        share were offered to the employees' on an equitable basis
 (only
        6,250 shares subscribed portion was allowed to lapse).
 
      - The company issued 19% secured redeemable non-Convertible
        debentures of the aggregate value of Rs. 275 lakhs on private
        placement basis with financial institutions of which UTI has
        subscribed for Rs. 125 lakhs.
 
 1994 - During the year, the company undertook to install balancing
        equipment in order to increase production.
 
 1995 - The Company proposed to increase the daily output to 100
 tonnes.
 
 1996 - The performance of the Gondia paper plant was badly affected
 due
        to poor price realisation on account of stiff competition
 from
        imported papers including writing and printing papers.
 
 1997 - Performance of the Company was not satisfactory due to poor
        market conditions, increase in excise duty etc.
 
      - Performance of the Akola unit was adversely affected, due to
        increase in excise duty coupled with poor market conditions.
 
      - The performance of the Gondia paper plant was not
 satisfactory
        due to competition from imported paper, reduced prices of
        domestic paper resulting in erosions of margins.
 
 2006
 
 -Company has changed its name from Simplex Mills Co Ltd. to Simplex
 Reality Ltd.  
 
 2008
 
 -The Company has recommended a dividend of 125% (including Special
 Dividend of 100%) on equity share of Rs 10 each for the year ended
 March 31, 2008.    
 
 2010
 
 The Company has recommended payment of Dividend @ Rs. 7.50/- per
 share for the year ended March 31, 2010.             
 
 2011
 
 -The Company has recommended a dividend of Rs. 2.50/- per equity
 share (25%) for the year ended March 31, 2011.
 
 2012
 
 -The Company has recommended a Dividend of Rs. 1.50 per equity share
 (15%) of rupees 10/- each for the Financial Year ended March 31,
 2012
 
 2013
 
 -The Company has recommended a dividend of Rs. 1.50/- per equity
 share (15%) of Rs. 10/- each for the Financial Year ended March 31,
 2013.
 
 2014
 
 -The Company has recommended a Dividend of Rs. 3/- per equity shares
 (30%) of Rupees 10/- each for the Financial Year ended March 31,
 2014.