pocketful Page

Home

Calculator

Calculators

search

Search

whatsapp

Whatsapp

Twenty First Century Management Services Ltd

SRF Ltd

BSE : 503806|NSE : SRF|ISIN : INE647A01010

SRF Ltd Company History

SRF principal activities of the Company and its subsidiaries (together the Group) are manufacturing, purchase and sale of technical textiles, chemicals, packaging films, aluminium foils and other polymers.

1970
1980
1993
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022

1970

The Company was incorporated on 9th January at New Delhi. It

manufactures nylon - 6 tyres yarn and fabric and industrial yarns,

shipping and leasing.

The Company was promoted by Cloth and General Mills Company Limited,

(DCM).

The Company entered into technical collaboration agreement with

Chemtex Fibre Inc. U S A and Chemtex Engineering of India Limited

Mumbai for basic engineering of the Plant and detaled engineering

respectively.

The knowhow was obtained from Unitika Limited Japan through Chemtex,

Fibres Inc. U S A. Shriram Bearings Limited and Shriram Needle Bearing

Industries Limited became subsidiaries of the Company.

1970

history-arrow-left

1980

The name of the company was changed from Shri Ram Fabrics Limited to

SRF Limited with effect from 2nd May.

1980

history-arrow-left

1993

The company is setting up a pilot plant for the production of Halons.

1993

history-arrow-left

1995

SRF Overseas Limited was set up as a wholly owned subsidiary company

in British Virgin Islands to implement the project for the processing

of Synthetic Industrial Yarn at United Arab Emirates; SRF Emirates

Limited became a subsidiary during the year and is engaged in trading

activities in Middle East.

1995

history-arrow-left

1996

SRF Overseas Limited set up in Jebel Ali Free Trade Zone for

converting tyre yarn into tyrecord fabric commenced trial production in

time.

The performance of the wholly owned trading subsidiaries i.e. SRF

Americas Inc. SRF International (Emirates) Limited and SRF

International (BVI) Limited.

1996

history-arrow-left

1997

The company's plants at Manali and Viralimalai (T.N.) obtained ISO

9000 certification during the year.

The Company's wholly owned subsidiary investment companies entered

into an agreement with GE Capital (Mauritius) Investment Ltd.

The Company's wholly owned subsidiary investment companies i.e. SRF

Calgary Holdings Ltd., SRF Superior Holdings Ltd. and SRF Promenade

Holdings Ltd.

SRF Overseas Ltd, Dubai, a wholly-owned subsidiary of SRF Ltd has

recently received ISO 9002 certification from KPMG Peat Marwick LLP.

SRF Ltd, setting up of a joint venture with Paris-based Eassilor to

market advanced ophthalmic lenses in the domestic market.

1997

history-arrow-left

1998

SRF Ltd has signed a joint venture agreement with Essilor

International SA, the world leader in plastic ophthalmic lenses, to

market advanced ophthalmic lenses in India.

SRF Ltd has recently launched R-23, a hydrofluorocarbon (HFC),

through in-house development and has become the first manufacturer in

the country.

The Company has entered into technology agreement with Ms.

Trelleborg Industri AB, Sweden, for Providing technology for

manufacture of Dipped EP Belting Fabrics.

1998

history-arrow-left

1999

SRF Ltd has entered into a tie-up with Bharti BT, to inter-link its

business operations on a WAN based on V-Sats.

SRF and DuPont will set up a 50:50 joint venture to manufacture nylon

yarn.

SRF has launched an employee stock purchase scheme (ESPS) for

officers with more than three years of service.

1999

history-arrow-left

2000

The company issued 28,43,600 equity shares to the employees under the

ESPS at an issue price of Rs. 15 per share.

NRB Bearings Ltd. entered into an agreement with SRF Ltd and its

associates to acquire its entire shareholding in Shriram Needle Bearing

Industries Ltd (SNBL).

The Company has entered into an agreement with NRB Bearing Ltd. for

sale of 12,50,000 fully paid up equity shares of Rs. 10/- each of

Shriram Needle Bearing Ltd. acquired by the company under a scheme

framed by the BIFR.

SRF Ltd., Arun Bharat Ram's group company, has embarked on a major

acquisition plan to emerge as the third-largest player in the world in

the tyre cord market by 2004-05.

The Company proposes to preferentially issue equity shares worth Rs

10.75 crores to E.I. DuPont de Nemours of the US and E.I. DuPont India

Ltd. as part of a deal to acquire DuPont Fibers Ltd.

The Company appoint Mr. K. Ravichandra as Wholetime Director of the

company.

The Company issuance of equity shares in one or more tranches, up to

a maximum of Rs. 12,33,635 No. of equity shares of Rs. 10 each by way

of preferential allotment at a premium, provided the total

consideration shall not be lower than Rs. 10.75 crores calculated at

the issue price of Rs. 87.14 per share or the price computed in

accordance with SEBI guidelines.

2000

history-arrow-left

2001

All shareholders of the Rs 815.95-crore SRF Ltd are to receive one

equity share of Rs 10 each of SRF Chemicals Ltd (SRFCL), credited as

fully paid-up, for every 10 shares of Rs 10 each of SRF held by them.

The board of directors of SRF Ltd on July 27, approved a

restructuring scheme that envisages the merger of Tyrecord Fabrics Ltd

(TFL), a 100 per cent subsidiary of SRF.

2001

history-arrow-left

2002

SRF Ltd has informed that Shri Arvind N. Lalbhai has resigned from

the Board of Directors of the Company with effect from January 09,

2002. This was noted by the Board of Directors at their meeting held on

January 24, 2002.

SRF Ltd has informed that Mr Bhiku Ram Jain and Mr J B Dadachanji

have ceased to be Directors.Mr M V Subbiah, Mr Satish K Kaura, Mr

Analjit Singh and Mr Vinayak Chatterji have been appointed as

additional Directors on the Board.

2002

history-arrow-left

2003

Bharat Ram appointed as new CEO

SRF Board approves sale of SRF Infotel

Srf Ltd. has informed that the shares of the Company have been delisted from The Stock Exchange - Ahmedabad w.e.f. December 08, 2003.

2003

history-arrow-left

2004

Srf Ltd. has informed that the Madras Stock Exchange Ltd. has approved the delisting of equity shares of the Company wef January 07, 2004.

Srf Polymers Ltd. (acquirer) has acquired 16,92,192 Equity Shares (2.62%) of SRF Limited

Medusind Solutions, healthcare business service provider, has acquired SRF Infotech, a healthcare outsourcing business of SRF Ltd, for Rs 3 crore.

SRF granted patent by US Patent & Trademark Office

Mr Arun Bharat Ram, Vice- Chairman and Senior Managing Director, SRF Ltd, has been elevated to the position of Chairman and Managing Director

2004

history-arrow-left

2007

SRF establishing Rs 250-cr polyester yarn unit in Tamilnadu.

Registered Office of the Company has been shifted From A-16, Aruna Asaf Ali Marg, Qutab Institutional Area, New Delhi 110 067 To C-8, Commercial Complex, Safdarjung Development Area, New Delhi 110 016

2007

history-arrow-left

2008

SRF - Acquisition of a Thai based tyre cord company

SRF Appointed Karvy Computerschare Pvt. Ltd as Registrar and Share Transfer Agent (RTA)

SRF Ltd has approved a proposal to acquire Engineering Plastic business and Industrial Yarn business from SRF Polymers Ltd.

2008

history-arrow-left

2009

SRF declared interim dividend @ 70% i.e. Rs. 7/- per share on the equity capital of the Company.

2009

history-arrow-left

2010

SRF investing Rs 1,000 cr on specialty chemicals plant in Gujarat.

SRF declared interim dividend 70 % i.e. Rs, 7/- per share on the equity capital of the Company.

2010

history-arrow-left

2011

SRF - SRF Board approves Rs. 665 cr capex projects, interim dividend and buy back

The company witnessed an increase in the net profit by 51% from Rs. 5,478 lakh to Rs. 8,281 lakh

2011

history-arrow-left

2012

SRF Chemicals Business of SRF wins the prestigious Deming Prize

SRF Commissioning and capitalization of project approved by Board of Directors an aggregate cost of Rs. 8.28 Crores.

2012

history-arrow-left

2013

SRF Ltd. - Commissioning of Board approved projects at SRF’s Chemical Complex at Dahej (Gujarat)

The Company has been commissioned and capitalized on April 30, 2014 at SRFs Chemical Complex in Dahej, Gujarat at an aggregated cost of Rs. 52 Crore.

2013

history-arrow-left

2014

The Company has appointed Dr. Meenakshi Gopinath as an Additional Director with effect from October 28, 2014.

has approved the following capital expenditure proposals Rs. 11 Crores (approx.) for augmenting production facility for specialty chemicals at SRFs

2014

history-arrow-left

2015

SRF acquires Global DuPont Dymel HFC 134a Pharma Business

2015

history-arrow-left

2016

SRF commissions project worth Rs 43.73 cr in Gujarat.

SRF Ltd. - Commissioning and capitalization of projects approved by the Board of Directors.

SRF Ltd. - SRF Board approves Rs 345 crore capex for two chemical plants.

2016

history-arrow-left

2017

SRF Ltd. - Start of trial production of projects approved by the Board of Directors.

SRF Limited expands its refrigerants portfolio.

SRF to set-up Rs 356 cr integrated facility for HFC.

2017

history-arrow-left

2018

SRF Ltd. - Commissioning And Capitalisation Of Capital Expenditure Proposal Approved By The Board.

2018

history-arrow-left

2019

SRF Ltd. - Setting Up Of A BOPP Film Line In Thailand By SRF Industries (Thailand) Ltd.

2019

history-arrow-left

2020

SRF board approves setting up of Rs 315 cr chloromethane plant.Â

2020

history-arrow-left

2021

SRF Ltd. announces bonus share issue in the ratio of 4:1.Â

2021

history-arrow-left

2022

SRF board approved projects for setting up of four new plants and capacity enhancement of an existing plant to produce various speciality chemicals at an estimated cost of Rs. 604 Crores.Â

SRF board approved the setting up of a dedicated facility to produce 200 MT per year of P16 specialty product at Dahej, India at an approximate cost of Rs 17.5 crore.

2022

history-arrow-left
Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548):

The SEBI Registration No. allotted to us is INZ000313732.
NSE Member Code: 90326| BSE Member Code: 6808| MCX Member Code: 57120
DP CDSL: 12099800

Compliance Officer : Mr. Randhir Kumar Chaudhari
Tel no: 011- 49022222 / 011-49022277
Email: randhir@pocketful.in

Address/Correspondence Address: C- 3, Ground Floor, Okhla Industrial Area, Phase - 1, New Delhi - 110020

For any complaints, drop us an email at legal@pocketful.in

Procedure to file a complaint on SEBI SCORES: Register on SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID.

Smart Online Dispute Resolution|Link To Circular|Procedures and Policies|Broker Investor Charter|DP Investor Charter

Benefits: Effective Communication, Speedy redressal of the grievances.

Please ensure you carefully read the Risk Disclosure Document as prescribed by SEBI and our Terms of Use and Privacy Policy.
The brand name Pocketful and logo is in process of trademarks registration. The cost-effective brokerage plans make Pocketful a trustworthy and reliable online stock broker. Available on both the web and mobile, it offers unmatched convenience to traders. If you are considering opening......

Read More