Arunoday Mills Ltd. कंपनी का इतिहास और वार्षिक वृद्धि विवरण

1962
- The Company was Incorporated on 3rd October, at Gujarat. The main object of the Company is Cotton yarn spinning.

1964 - Another 6,400 No. of equity shares taken up by directors, etc. 1,25,000 No. of equity and 5,000 pref. shares offered at par to the public in November 1963.

1971
- 1,00,000 Bonus equity shares issued in the prop. 2:5.

1975
- 3,50,000 Bonus equity shares issued in the prop. 1:1.

1986
- The Company undertook the second phase of modernisation.

1987
- The workers went on strike from 14th July, to 2nd August. As a part of modernisation scheme, the Company installed one auto coner.

1988
- The Company undertook the third phase of modernisation.

1989
- The Company undertook modernisation programme including imported auto coners.

1990
- Two imported autocones winding machines were installed and two more such machines were being installed.

- 3,00,000 Bonus equity share issued in prop. 3:7.

1991
- The Company proposed to undertake two phase modernisation programme to be financed partly by financial institutions and partly from internal accruals.

1992
- 3,00,000 Bonus equity share issued in prop. 3:1.

1993
- 10,00,000 Bonus equity share allotted to promoters.

1994
- The Company proposed to invest Rs 1200 lakhs in modernisation and renovation programme. The Company set up a wind energy farm of 300 KW capacity comprising one wind mill at Lamba near Porbunder, Gujarat.

- In order to meet working capital requirements, the Company privately placed with UTI and IRBI 15% non-convertible debentures for Rs 150 lakhs.

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