Suryalakshmi Cotton is one of India's leading integrated premium yarns to denim manufacturing company with over five decades of market leadership. Since the past two decades, it has become the Original Denim Manufacturers (ODM) to leading global and domestic brands with a dominant market share in the premium denim sector. With cutting-edge design, latest spinning technology and end to end manufacturing plants, we create the finest yarn and premium denim for leading private labels, fashion brands and retail chains in 29 countries across the globe. The presence across the entire spectrum of the value chain, right from manufacturing of yarn to denim cloth has provided the company with a crucial competitive advantage. This enables us to understand ever changing economic trends impact the industry. It has helped the company to strategically plan ahead by predicting the cyclical demand-supply situation ahead of the curve. Founded in 1962, Suryalakshmi Cotton is a vertically integrated business leveraging five decades of successful spinning and denim operations. It is run by a second generation family of owner managers and professionals. Using future-ready automation and measurement-led controls, we deliver profitable growth with responsible business conduct. Leveraging our expertise in new-generation international designs, we provide a wide range of premium yarns and denim fabrics for fashion-forward customers. Our young and dynamic leadership team led by a next generation promoter, is gearing up to fast forward growth opportunities and create dominant market share in the premium yarn and ODM category. Suryalakshmi Cotton partners global fashion brands to introduce trend-setting yarns, denim and fabrics to market with speed. We collaborate with the design, sourcing and production teams of global and local customers. We have created 3000 high-quality specialized denim variants with quick production turnarounds. We apply exacting standards of innovation, design and service throughout the production journey from yarn to denim cloth. Meeting the demand of both global and local customers, we are committed to the Government of India's "Make in India" initiative and becoming the global centre of excellence in denim manufacturing.YEAR EVENTS1962 - Suryalakshmi Cotton Mills Limited was incorporated in August. The main objective of the company is to manufacture of cotton yarn. 1985 - During a new unit with an installed capacity of 10,080 spindles was established at Amanagallu in Andhra Pradesh. 1987 - Till date 30,000 No. of equity shares were issued without payment in cash and 2,61,626 No. of equity shares were issued as bonus shares. 1993 - 5,63,256 bonus shares issued in prop. 1:1. 1994 - The Company undertook a project to diversify into the manufacturing of denim. The composite denim project has a production capacity of 20.38 min. mtr. - The Company embarked on the second phase of modernisation. - 22,53,024 bonus shares allotted in prop. 2:1. 1995 - The Company undertook to set up the first phase of the Denim project to produce 10.20 million metres of Denim fabric at Ramtek, Maharashtra. - The Company worked out a modernisation programme for Mahaboobnagar unit. 1996 - The Company's entered into new market viz., Israel, Columbia, Tunisia, Russia etc. - During September, the Company issued 50,70,000 rights equity shares (prem Rs. 30; prop. 3:2). 50,60,025 shares taken up. 9,975 shares remained unissued. - Another 40,56,000 No. of equity shares were issued at a premium of Rs. 40 per share through prospectus of which 11,00,000 shares reserved and allotted to Indian financial institutions, banks, Mutual Funds. Of the remaining the following were issued on preferential allotment basis. - (i) 2,00,000 shares to shareholders of group companies (only 78,100 shares taken up); - (ii) 41,000 shares to employees of the Company (only 16,300 shares taken up); - (iii) 5,00,000 shares to Indian financial institutions and banks (details of allotment not known); - (iv) 3,00,000 shares to Indian Mutual Funds (details of allotment not known); - (v) 9,00,000 to NRIs/OCBs/FDD (only 13,300 shares taken up). - Balance 10,15,000 No. of equity shares along with 18,34,000 shares not taken up under preferential quota issued to the public (all were taken up). 2005 -Suryalakshmi Cotton Mills has given the Bonus in the Ratio of 1:1 2006 - Suryalakshmi Cotton Mills Ltd has allotted 14,28,300 equity shares of Rs 10 each at a price of Rs 245 a share to Unit Trust of India Investment Advisory Ltd. 2008 - Sri. Sunil Kumar Kolangara - Director- Private equity, UTI Ventures, has been nominated as a Director on the Board. 2009 - IFCI Ltd., has nominated Sri. V S V Rao as its Nominee Director. 2010 - Suryalakshmi allots Rs 150 crore for expansion; to enter power sector. 2011 - Board of Directors of the Company, has recommended an Interim Dividend of 10% i.e., Re. 1 per share. 2012 - The Company's 25 MW Captive Power Plant at its Denim Division near Ramtek has commenced operations. 2013 -Company has recommended a dividend of Rs. 2.00 per share. 2014 -Suryalakshmi Cotton Mills has recommended a Dividend of Rs. 1.20.