Milestones

The milestones in our history are given below:

Financial Year Event

1993-94

1-Incorporated on 17 th August, 1993 in Mumbai, Maharashtra

2-Commencement of Business on 1 st September 1993

3-Setting-up of Unit I at Village Dadra, Silvassa - Installed one texturising machine with a manufacturing capacity of 600 T.P.A. (capacity based on manufacturing Polyester Texturised Yarn of 80 Denier)

1994-95

1-Commercial Production started at Unit I

2-Commencement of expansion project to double the manufacturing capacity by installing one more Texturising Machine

1995-96

1-IPO of 14,40,000 equity shares at par

2-Commercial Production of expansion project commenced, which doubled the capacity from 600 T.P.A. to 1,200 T.P.A. (capacity based on manufacturing Polyester Texturised Yarn of 80 Denier)

1996-97

1-Commencement of setting-up of Unit II at village Amli, Silvassa, for manufacturing Polyester Texturised Yarn with a capacity of 2,600 T.P.A. (capacity based on manufacturing Polyester Texturised Yarn of 80 Denier)

1997-98

1-Commercial production started at Unit II

1998-99

1-Further expansion at Unit II - manufacturing Polyester Texturised Yarn with a capacity of 2,600 T.P.A. (capacity based on manufacturing Polyester Texturised Yarn of 80 Denier) by installing four Draw Texturising machines

1999-00

1-Commercial production started of further expansion at Unit II

2001-02

1-Commencement of first phase of expansion project at Unit III - Installation of six texturising machines with a manufacturing capacity of 7,590 T.P.A. (capacity based on manufacturing Polyester Texturised Yarn of 80 Denier)

2002-03

1-Part completion of first phase of expansion project at Unit III - Installation of four Texturising machines

2003-04

1-Completion of first phase of expansion project at Unit III - Installation of balance two Texturising machines

2-Commencement and completion of second phase of expansion project at Unit III - Installation of six more texturising machines with a manufacturing capacity of 7,650 T.P.A. (capacity based on manufacturing Polyester Texturised Yarn of 80 Denier)

3-Commencement of backward integration project at Unit IV - For production of POY with a manufacturing capacity of 30,000 T.P.A. (capacity based on manufacturing average 150 Denier of POY)

2004-05

1-Commencement of increase in the backward integration project for manufacturing capacity of POY Project - from earlier 30,000 T.P.A. to 60,000 T.P.A. (capacity based on manufacturing average 150 Denier of POY)

2005-06

1-Commercial production of Partially Oriented Yarn started at our surangi plant

2-Public Issue of 85,00,000 equity shares of Rs 10/- each for cash at a price of Rs 65 per equity share aggregating Rs 5525 Lacs

2006-07

1-Further Expansion plan in production capacity of Polyester Texturised Yarn by 14400 Tons

2-Out of 18 POY lines, 5 POY has been converted to FDY lines

3-Listing of our shares in NSE

2007-08

1-Successful completion of expansion plan for PTY at our Surangi Unit.

2008-09

1-Recognised as an approved Export House with the Joint Director General of Foreign Trade, Mumbai.

2-Received ISO 9001:2000 Certification(s) from Bureau Veritas (UKAS) and Bureau Veritas (NABCB).

2009-10

1-Export House status upgraded to star Export House.

2-ISO certification has been upgraded to ISO 9001 : 2008 by Bureau veritas (UKAS) and Bureau veritas (NABCB)

3-Successful completion of 4 FDY lines, Expansion Project.

2010-11

1-Change of company Name from Raj Rayon Limited to Raj Rayon Industries Limited w.e.f. 18/08/2010.