| 1987-88 |
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Incorporation and commencement of business |
| 1989 |
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Creation of Dyeing and Doubling facilities for 360 tpa |
| 1991 |
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First public issue of 2.10 lacs shares and Capacity expansion |
| |
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Dyeing 1080 MT |
| 1992-93 |
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Creation of Texturizing capacity – 216 spindles |
| 1993-94 |
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Rights issue of 34.50 lac shares |
| 1994-95 |
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Expansion of Dyeing capacity to 1150 tpa, Texturizing capacity 432 Spindles and creation of Recycled PSF capacity of 6000 tpa |
| 1996-07 |
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Expansion of Dyeing capacity to 1800 tpa and recycled PSF to 10800 tpa. Equity Capital expanded to Rs. 9.37 crore |
| 2007-08 |
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Set up Rudrapur Unit for recycled PSF with an capacity of 21600 tpa and expanded dyeing capacity to 2400 tpa. |
| 2008-09 |
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Expanded Capacity of Kanpur Unit for RPSF to 18000 tpa. Equity Capital expanded to Rs. 9.87 Crore |
| 2009-10 |
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Expanded Capacity of Rudrapur Unit by 18000 tpa. Equity Capital expanded to Rs. 12.32 Crores
Designation as STAR EXPORT HOUSE by the Ministry of Commerce & Industry.
|
| 2010-11 |
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ICAI awards ‘Silver Shield’ for excellence in Financial Reporting.
IFCI Venture Capital Funds Ltd. under its Green India Venture Fund, has subscribed to 1.5 million Optionally Convertible Debentures.
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