Avi Ansh Textile Share price

The Company was originally incorporated as Rajneesh Spinners Private Limited on 27th April 2005 as a Private Limited Company under Companies Act 1956 with the Registrar of Companies Punjab H.P. & Chandigarh. . Subsequently pursuant to a special Resolution of our Shareholders passed in the Extra-Ordinary General Meeting held on 28th November 2013 the name of our company was changed to “Avi Ansh Textile Private Limited” and a fresh certificate of Incorporation dated 16th December 2013 with the Registrar of Companies Delhi. In 2023 pursuant to a special Resolution of our Shareholders passed in the Extra-Ordinary General Meeting held on 30th November 2023 our company was converted from a private limited company to a public limited company and consequently the name of our company was changed to “Avi Ansh Textile Limited” and a fresh certificate of Incorporation dated 3rd January 2024 by the Registrar of Companies Delhi. The Corporate Identification number of our Company is U17110DL2005PLC260403.Major Events and Milestones:2005-Incorporation of our Company as M/s Rajneesh Spinners Private Limited” under the Companies Act19562012-Avi Ansh Textile Commenced Operations with the installed Capacity of 6000 Spindles.2014-Avi Ansh Textile expanded the installed capacity to 12000 spindles. Along with the Modernization of the entire spinning unit.2018-The Company Further Expanded the Installed Capacity to 26314 Spindles. Leading to an Annual Yarn Production of 4500 Metric Tons.2022-After Attaining its hold over spinning The Company further diversified into Knitting Business Leading o Vertical integration. The company commenced operations with installing 20 machines with an annual capacity of 1800 metric tons.2023-Conversion of company from Private Limited to Public Limited. In consequence of such conversion Name of our company changed from “Avi Ansh Textile Private Limited” to “Avi Ansh Textile Limited”.2024-Sub-Division of Equity Shares of the from the Face Value of Rs. 100 each to Face Value of Rs. 10 per share