 |
1991: |
Incorporation in Name of “ MOHIT FIBRES PRIVATE LIMITED” |
| 1995: |
- Conversion into Public Company in Name of “MOHIT FIBRES LIMITED”
- Annual Sale of Rs. 1314.84 Lacs
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| 1996: |
- Initial Public offer of Rs. 322.50 Lacs
- Listing of equity shares of the company in Bombay Stock Exchange Limited
- Turnover exceeds Rs. 2700 Lacs
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1997: |
Name Change from “MOHIT FIBRES LIMITED” to “MOHIT INDUSTRIES LIMITED” |
| 2005: |
- Turnover raised to Rs. 3900 Lacs from Rs. 2700 Lacs
- Profit after Tax exceeds to Rs. 65 Lacs from 10 Lacs
- Company declared 10% Interim Dividend & 2% Final Dividend during the year
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| 2006: |
- Right issue of Equity Shares of Rs. 1373 Lacs
- Remarkable achievement in sales with 100 % growth from last year
- During the year Turnover Increased to Rs. 7595 Lacs from 3900 Lacs
- Profit after tax crossed to Rs. 116.08 Lacs from Rs. 65 lacs
- Declared 12% Interim Dividend During the year
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2008: |
- Turnover crossed to Rs. 12000 Lacs and profit Rs. 252 Lacs
- Planning for Diversification into new Product in India i.e. aerated autoclave Blocks)
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| 2009: |
- Implementation of new project of AAC (Autoclave Aerated Concrete) blocks with cost of Rs. 15 Crores having production capacity of One Lacs m 3 per annum in palghar
- Installation of 4 texturising Machines with production capacity 5200 MT in Kim making total 14 Texturising machines,144 looms,100 shuttle less water jet looms and 17 TFO machines with a production capacity of 18000 MT of Texturised Yarn and 8 million meters of Art Silk Cloth.
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2010: |
- Issue of Convertible warrants on preferential basis of Rs. 562.5 Lacs
- Entrance into export of DTY yarn to various countries like South Africa, Brazil, Thailand, Peru, Algeria, Vietnam etc
- Starting Gas based Captive Power Plant at Kim unit
- Declared 9 % Final Dividend during the year
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2011: |
- Turnover increased more than 14000 Lacs and profit to Rs. 276 Lacs
- Tremendous growth in Export Earning of Rs. 1900 Lacs
- Declared 15 % Final Dividend during the year
|
| 2012: |
- Sale of AAC Block Plant to Biltech Building Elements Limited (A Thapar Group Company) for an extraordinary profit.Turnover increased more than 14000 Lacs and profit to Rs. 276 Lacs
- Turnover crossed to Rs. 17600 Lacs and Profit after tax reached to Rs. 1370 Lacs due to sale of AAC plant at Palghar
- Export Earnings increased to Rs. 3908 Lacs
- Declared 15 % Final Dividend during the year
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2013: |
- Awarded by Government approved “Export House Status”
- Turnover increased to Rs. 19668 Lacs.
- Implementation of New Plant of AAC (Autoclave Aerated Concrete) Block at Umargaon with Production capacity of 3 lacs m 3 per annum at Investment cost of Rs. 38 Crores
- Marketing of AAC Blocks in Brand name of “NXTBLOC”
- Listing at National Stock Exchange of India (NSE)
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2014: |
- Turnover Increased to Rs. 22509 Lacs
- Gross export sales recorded at Rs. 4400 Lacs
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2015: |
- Installation of 2 new texturising Machineries and 50 high speed shuttle less water jet looms in Kim making total 16 Texturising machineries,150 shuttle less water jet looms,144 conventional shuttle less looms and 17 TFO machines with a production capacity of 21000 MT of Texturised Yarn and 12 million meters of Grey fabrics.
- ISO Certification 9001:2008
- Export sales recorded at Rs. 8800 Lacs.
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2016: |
- Demerger of AAC Block Division at Umargaon to Bigbloc Construction Ltd
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