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    SHRI DINESH MILLS LTD.

    16 May 2025 | 12:00

    Industry >> Textiles - Woollen/Worsted

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    ISIN No INE204C01024 BSE Code / NSE Code 503804 / SHRIDINE Book Value (Rs.) 340.28 Face Value 10.00
    Bookclosure 13/08/2024 52Week High 573 EPS 90.25 P/E 3.64
    Market Cap. 184.12 Cr. 52Week Low 262 P/BV / Div Yield (%) 0.97 / 9.13 Market Lot 1.00
    Security Type Other

    History of Company

    The company history sections lists out major chronological events that happened to the company.
    The Company was incorporated on 1st July, 1935, at Baroda. The Company was originally known as Maharani Woollen Mills manufacturing woolen fabrics at Baroda.

    The Company was received the certificate of commencement of business on 17th February, 1936. he Company commenad business soon after.

    The company manufactures woolen & warsted goods, felt cloth, basic chemicals, electroplating salts and chemicals, brightness and addatives, electroplating equipments, Plant & machinery, seat magnetic pumps, buffing and polishing compositions and polishing wheels.

    Flatewel process & chemicals Ltd was amalgamated with the Company w.e.f. 1st January, 1980.

    "Albany Felt Company" of Canada all technical Collaboraters of the Company.

    During 1988-89, Dinesh Petrochemicals Pvt. Ltd. and Dinesh Machine Pvt. Ltd. well formed as wholly owned subsidiary of the Company.

    2003 - Delisting of shares from Vadodara Stock Exchange.

    2005 -Company has recommended 12% Dividend.

    2006

    -Shri Dinesh Mills - Hon'ble High Court, Gujarat approves amalgamation of DPL with the Company

    2008

    - The Company has splits its face value from Rs100/- to Rs10/-.

    -Company has Created email ID for grievance redressal division / compliance officer sojitra@dineshmills.com.

    2011 -Board has recommended dividend at the rate of Rs. 2/- per equity share of Rs.10/- each .

    2014 -Board has recommended dividend at the rate of Rs.1.80/- per equity share of Rs.10/- each .

    2021 -Acquisition of Tranche - I equity shares (i.e. 26% equity share capital) of Chem-Verse Consultants (India) Pvt .Ltd. from its shareholders by the Stellent Chemicals Industries Ltd.

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