RAJAPALAYAM MILLS LTD.
NSE : NABSE : 532503ISIN
CODE : INE296E01026Industry : Textile - SpinningHouse
: Ramco
BSE955.80-7.2 (-0.75 % )
PREV CLOSE (Rs.) 963.00
OPEN PRICE (Rs.) 963.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 3534
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE
This Company is not listed in NSE
Company News
| Date | Heading | Details |
|---|---|---|
| 18-Jan-2024 | Rajapalayam Mills informs about board meeting | <div style="text-align: justify;">Rajapalayam Mills has informed that the meeting of the Board of Directors of the Company is scheduled on 12/02/2024 to consider and approve the Unaudited Standalone and Consolidated Financial Results for the Quarter / nine months ended 31.12.2023.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div> |
| 22-Nov-2023 | Rajapalayam Mills informs about loss of share certificate | <p style="text-align: justify;">Rajapalayam Mills has informed that the Company has received a request for issue of Duplicate Share Certificate In lieu of Original Share Certificate reported as Lost / Misplaced by the Shareholder. In accordance with Regulation 39(3) of SESI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the details of Loss of Share Certificate are enclosed. </p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 20-Oct-2023 | Rajapalayam Mills informs about board meeting | <p style="text-align: justify;">Further to letter dated 29th September, 2023, informing about the Trading Window Closure from 1st October, 2023, Rajapalayam Mills has informed that the Company's Board Meeting is scheduled to be held on Friday, the 10th November, 2023, to consider the Unaudited Standalone and Consolidated Financial Results for the quarter / six months ended 30th September, 2023. The company has informed that the Trading Window shall remain closed for the Company's Directors and other designated person (including their immediate relatives) till 12th November, 2023.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p> |
| 02-Sep-2023 | Rajapalayam Mills commissions commercial production at Fabric Expansion & Fabric Processing Unit | <p style="text-align: justify;">Rajapalayam Mills has commissioned commercial production at its Fabric Expansion Unit & Fabric processing Unit. New Unit's commissioned is having a weaving capacity of 166 Nos. of Looms and fabric processing capacity of 50,000 meters per day. Now, it is capable of offering Finished - ready to stitch apparel fabrics. </p><p style="text-align: justify;">To ensure Pollution free environment and commitment to Sustainability, the above unit is equipped with Zero liquid discharge system with anaerobic bio treatment infrastructure aimed to reduce generation of hazardous chemical sludge significantly. The facility includes heat recovery from exhaust stenter hot air and hot water drain. The Project cost of both Fabric expansion and Fabric processing as on August 31, 2023 was Rs 332 crore.</p><p style="text-align: justify;">Rajapalayam Mills is engaged in the manufacture and sale of yarns.</p> |
| 28-Aug-2023 | Rajapalayam Mills acquires additional stake in M/s Clean Max Opus | <p style="text-align: justify;">Rajapalayam Mills has acquired additional 10,261 equity shares of M/s Clean Max Opus having face value of Rs 10 each for the value of R 5.41 crore, consequent to the above purchase company's total holding in M/s. Clean Max Opus increased from 1,660 Equity Shares to 11,921 equity shares. The object of acquiring the Shares of M/s. Clean Max Opus by the Company and other Group Companies is to purchase Solar power under Group Captive mode.</p><p style="text-align: justify;">Rajapalayam Mills is engaged in the manufacture and sale of yarns.</p> |
| 28-Aug-2023 | Rajapalayam Mills moves up on acquiring additional stake in M/s Clean Max Opus | <p style="text-align: justify;">Rajapalayam Mills is currently trading at Rs. 729.00, up by 8.10 points or 1.12% from its previous closing of Rs. 720.90 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 730.00 and has touched a high and low of Rs. 730.00 and Rs. 720.00 respectively. So far 523 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 917.97 on 15-Sep-2022 and a 52 week low of Rs. 551.00 on 29-Mar 2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 748.20 and Rs. 714.00 respectively. The current market cap of the company is Rs. 672.15 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 55.42%, while Institutions and Non-Institutions held 0.44% and 44.15% respectively.</p><p style="text-align: justify;">Rajapalayam Mills has acquired additional 10,261 equity shares of M/s Clean Max Opus having face value of Rs 10 each for the value of R 5.41 crore, consequent to the above purchase company's total holding in M/s. Clean Max Opus increased from 1,660 Equity Shares to 11,921 equity shares. The object of acquiring the Shares of M/s. Clean Max Opus by the Company and other Group Companies is to purchase Solar power under Group Captive mode.</p><p style="text-align: justify;">Rajapalayam Mills is engaged in the manufacture and sale of yarns.</p> |
| 19-Aug-2023 | Rajapalayam Mills submits voting results and scrutinizers report | <p style="text-align: justify;">Rajapalayam Mills has informed that the Annual General Meeting of the Company was held on Friday, the 18th August, 2023, through Video Conferencing and all Resolutions transacted at the said meeting had been passed with requisite majority. In compliance of Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the details regarding the voting results in the prescribed format are enclosed as per Annexure - A. In compliance of Rule 20 of Companies (Management and Administration) Rules, 2014, the Scrutiniser's Report issued by R. Palaniappan, Chartered Accountant, Partner of N.A. Jayaraman & Co, Chartered Accountants is enclosed as Annexure - B.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p><div><br></div> |
| 09-Aug-2023 | Rajapalayam Mills surges on acquiring stake in Clean Max Opus | <p style="text-align: justify;">Rajapalayam Mills is currently trading at Rs. 799.00, up by 21.55 points or 2.77% from its previous closing of Rs. 777.45 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 770.00 and has touched a high and low of Rs. 815.40 and Rs. 770.00 respectively. So far 1367 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 917.97 on 15-Sep-2022 and a 52 week low of Rs. 551.00 on 29-Mar-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 825.00 and Rs. 769.10 respectively. The current market cap of the company is Rs. 736.69 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 55.42%, while Institutions and Non-Institutions held 0.44% and 44.15% respectively.</p><p style="text-align: justify;">Rajapalayam Mills has acquired 1,660 Equity Shares of M/s Clean Max Opus having face value of Rs 10 each, which is 16.60% of the paid up Share capital of M/s Clean Max Opus. The object of acquiring the Shares of M/s Clean Max Opus by the company and other Group Companies is to purchase solar power under Group Captive mode.</p><p style="text-align: justify;">M/s Clean Max Opus is dealing in generation and supply of renewable energy from solar, wind or wind solar hybrid and any other renewable energy sources in form of solar project.</p><p style="text-align: justify;">Rajapalayam Mills is engaged in the manufacture and sale of yarns. </p> |
| 08-Aug-2023 | Rajapalayam Mills acquires stake in Clean Max Opus | <p style="text-align: justify;">Rajapalayam Mills has acquired 1,660 Equity Shares of M/s Clean Max Opus having face value of Rs 10 each, which is 16.60% of the paid up Share capital of M/s Clean Max Opus. The object of acquiring the Shares of M/s Clean Max Opus by the company and other Group Companies is to purchase solar power under Group Captive mode.</p><p style="text-align: justify;">M/s Clean Max Opus is dealing in generation and supply of renewable energy from solar, wind or wind solar hybrid and any other renewable energy sources in form of solar project.</p><p style="text-align: justify;">Rajapalayam Mills is engaged in the manufacture and sale of yarns.</p> |
| 15-Jul-2023 | Rajapalayam Mills inks pact to sell stake in Lynks Logistics | <p style="text-align: justify;">Rajapalayam Mills has entered into the Share Subscription and Purchase Agreement (SSPA) for the purpose of sale and transfer of 12,14,51,338 equity shares in Lynks Logistics (Lynks) (80,00,000 Compulsorily Convertible Preference Shares under conversion into Equity Shares and 11,34,51,338 Equity Shares under Acquisition) to Bundl Technologies (Bundl, operating under the brand name Swiggy) in exchange for compulsorily convertible preference shares of Bundl to be issued and allotted by Bundl to the company.</p><p style="text-align: justify;">The company will also be providing representations / warranties / indemnities to Bundl in connection with the proposal, the aggregate indemnification liability of the company not to exceed Rs 21.04 crore as per the agreed terms under the SSPA, subject to any Closing date adjustments on account of Working Capital and Net Debt of Lynks.</p><p style="text-align: justify;">Rajapalayam Mills is engaged in the manufacture and sale of yarns.</p> |
