| YEAR EVENTS
1992 - Fabworth (India) Limited (FIL) was incorporated on 15th May, as a
Public Limited Company in the State of West Bengal and obtained
the Certificate of Commencement of Business on 28th May. It was
promoted by the Woolworth (India) Ltd., Uniworth International
Ltd. and NRI holders headed by N. R. Lohia and A.P. Lohia. The
Company manufacture woollen worsted grey fabrics.
1993 - The company set up a 100% Export Oriented Weaving Unit that
commenced production of woollen/worsted grey fabrics from 23rd
May.
- The company undertook to set up a finishing unit for processing
worsted and blended fabrics. The finishing unit proposes to
process 39 lakh metres p.a. of all wool/worsted/blended grey
fabric.
1994 - The Company implemented the 100% Export Oriented dyeing and
finishing unit at MIDC Industrial area, Butiburi, Nagpur for
production of premium quality fabrics.
- The Company during March, issued 116,00,000-10% CCRP shares of
Rs 50 each through a prospectus.
- Part-A of Rs 20 of the face value of each preference share was
converted into two equity shares of Rs 10 each on the date of
allotment of shares. Accordingly 232,00,000 shares were
allotted.
- Part-B of Rs 30 was to be redeemed at the end of 5th year from
the date of allotment of shares.
- 27,00,000 shares issued, subscribed and paid-up. 51,25,000
shares reserved and allotted to promoters, directors etc.
- Of the remaining the following were reserved for allotment on a
preferential basis: (i) 6,47,500 shares to shareholders of
promoter companies (all were taken). (ii) 1,50,000 shares to
employees of the Company & promoter company (38,450 shares
taken). (iii) 15,54,000 shares to NRIs (all were taken up).
- Balance 41,23,500 shares along with 111,550 shares not taken up
by employees issued to the public.
2002
-Mr. Rakesh Kumar Kalia has been appointed as a Managing Director of the company.
2013
-The Registered Office of the Company has been changed from Uniworth Centre, 70A, Shakespeare Sarani, Kolkata - 700 017 to Green Acres, 2, Nazar Ali Lane, FIat - 4A, Kolkata - 700 019.
2015
-The Registered Office of the Company has been changed to Rawdon Chambers, 11A, Sarojini Naidu Sarani, 4th Floor, Unit 4B, Kolkata - 700 017 from Green Acres, 2, Nazar Ali Lane, Flat - 4A, Kolkata - 700 019 with effect from October 15, 2015.
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