YEAR EVENTS 1912 - The Company was incorporated at Mumbai. The main objective of the company is to manufacture cotton, silk, terene & blended textiles & bleaching & dyeing materials & paper & paper board. 1966 - 24,192 Bonus Equity shares issued in the proportion 1:5. 1967 - 36,288 Bonus Equity shares issued in the proportion 1:4. 1969 - 18,144 Bonus Equity shares issued in the proportion 1:4. 1975 - 99,792 Bonus Equity shares issued in the proportion 1:2. 1978 - 49,896 bonus shares issued in the proportion 1:6. 1983 - The company set up a paper plant at Gondia in Maharashtra. A second-hand reconditioned paper plant with an annual capacity of 10,000 tonnes purchased from U.K. was installed. 1988 - New products like nylon conveyor belting and nylon cycle cord were introduced to cater to the needs of the industrial sector. 1989 - Gondia paper plant unit could dispose of all accumulated stocks. In order to overcome loss of production it was decided to modernise the existing machines for which a scheme was submitted to the Financial Institutions. 1990 - The Company undertook to replace all the ordinary looms with 140 Ruti-C looms. 48 of these looms were installed and put into operation and the remaining 92 were installed during 1992-93. 1991 - The company undertook to install a high efficiency fluidised bed combustion boiler. With a view to improving the plant performance to cater to the high end of the market and also to increase plant capacity to approximately 40%, the company approached a German Consultancy firm. - 2,49,480 bonus equity shares issued in prop. 1:7. 1992 - The increase in input costs, transporters' strike in July, followed by communal disturbances once again affected the working of the unit. - The German Consultants recommended shutting down the plant for carrying out modification in the paper machine. - During September-October the Company issued 9,97,920 No. of equity shares of Rs. 10 each for cash at a premium of Rs. 70 per share on Rights basis in the proportion 1:2 (all were taken up. 1,749 shares were kept in abeyance). Another 49,896 No. of equity shares of Rs. 10 each for cash at a premium of Rs. 70 per share were offered to the employees' on an equitable basis (only 6,250 shares subscribed portion was allowed to lapse). - The company issued 19% secured redeemable non-Convertible debentures of the aggregate value of Rs. 275 lakhs on private placement basis with financial institutions of which UTI has subscribed for Rs. 125 lakhs. 1994 - During the year, the company undertook to install balancing equipment in order to increase production. 1995 - The Company proposed to increase the daily output to 100 tonnes. 1996 - The performance of the Gondia paper plant was badly affected due to poor price realisation on account of stiff competition from imported papers including writing and printing papers. 1997 - Performance of the Company was not satisfactory due to poor market conditions, increase in excise duty etc. - Performance of the Akola unit was adversely affected, due to increase in excise duty coupled with poor market conditions. - The performance of the Gondia paper plant was not satisfactory due to competition from imported paper, reduced prices of domestic paper resulting in erosions of margins. 2006 -Company has changed its name from Simplex Mills Co Ltd. to Simplex Reality Ltd. 2008 -The Company has recommended a dividend of 125% (including Special Dividend of 100%) on equity share of Rs 10 each for the year ended March 31, 2008. 2010 The Company has recommended payment of Dividend @ Rs. 7.50/- per share for the year ended March 31, 2010. 2011 -The Company has recommended a dividend of Rs. 2.50/- per equity share (25%) for the year ended March 31, 2011. 2012 -The Company has recommended a Dividend of Rs. 1.50 per equity share (15%) of rupees 10/- each for the Financial Year ended March 31, 2012 2013 -The Company has recommended a dividend of Rs. 1.50/- per equity share (15%) of Rs. 10/- each for the Financial Year ended March 31, 2013. 2014 -The Company has recommended a Dividend of Rs. 3/- per equity shares (30%) of Rupees 10/- each for the Financial Year ended March 31, 2014.