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History of Sri Ramakrishna Mills [Coimbatores] Ltd.

1946 - Sri Ramakrishna Mills [Coimbatores] Ltd was incorporated as public limited company. The Comp. is mainly into the manufacturing of cotton yarn & synthetic staple fibre & promoted by L Nagaswarna, R Doraiswami, D Ranganayakiammal, L Swathy, L Suhasini, Swathy Processors Ltd & Suhasini Spinners Ltd.

1951 - The Comp. started commercial operation at the Ganapathy unit in Tamil Nadu.

1984 - The Comp. started its second unit at Nagari, Andhra Pradesh & third unit at Sathyamangalam, Tamil Nadu.

2005 - Members at the annual general meeting of Comp. held on 23rd February had authorized the board of Comp. to sell, lease or dispose the whole, or substantially the whole undertaking of company, or to restructure the same undertaking by any means.

2007 - Sri. L Damodaraswamy was reappointed as the director of company.

2008 - Board of directors of Comp. had allotted 21,35,000 equity shares to the promoters & 10,00,000 equity shares to the Clearwater Capital Partners.

- Fedex Securities Ltd had issued Public Announcement to the equity shareholders of Sri Ramakrishna Mills Coimbatore Ltd on behalf of Sri R Doraiswami, Smt D Ranganayaki, Sri D Lakshminarayanaswamy, Smt L Nagaswarna, Smt L Suhasini & Smt L Swathy who are the acquirers.