| 1962 |
- |
Nylon Textile production commences at Goregaon, Mumbai. |
|
| 1971 |
- |
Nylon Tyrecord production commences at Goregaon, Mumbai. |
|
| 1974 |
- |
Nylon Polyester production commences at Goregaon, Mumbai. |
|
| 1978 |
- |
Diversifies into manufacture of Industrial Rubber Belting products,
i.e. Conveyor Belts & V-Belts at a new location in Roha, Raigad District, Maharashtra. |
|
| 1984 |
- |
Major expansion of the Nylon Tyrecord facility at a new location in Tarapur,
Thane District, Maharashtra. |
|
| 1985 |
- |
Pays its 22nd consecutive year of dividend. |
|
| 1985-87 |
- |
Unrealised expansion plans during turbulent times for the Indian Synthetic Textile
Industry lead to losses and an erosion of net worth. |
|
| 1988 |
- |
Registers with BIFR (Board for Industrial and Financial Reconstruction) as a sick unit. |
|
| 1993 |
- |
Rehabilitation Scheme sanctioned and implementation begins. |
|
| 1999 |
- |
Offers its idle/surplus factory premises for licence at its Goregaon complex to
leading Corporates. |
|
| 2000 |
- |
Forms a Joint Venture company for its Conveyor Belting Division with its manufacturing
facility at Roha with a large, integrated, global player in belting production. |
| |
- |
Retains 26% of JV Equity. |
|
| 2003 |
- |
Existing factory building areas of approx. 1,75,000 sq.ft. licensed at the Goregaon complex. |
|
| 2003 |
- |
Completes repayment of Secured loans & Public Debentures as per the Rehabilitation
Scheme. |
|
| 2004 |
- |
Phase out of manufacturing at Goregaon. |
|
| 2005 |
- |
Additional existing building area of approximately 150,000 sq.ft. licensed at Goregaon. |
|
2005-06
F.Y. |
- |
Achieves profit after depreciation and substantially completes implementation of
the Rehabilitation Scheme. |
|
| 2006 |
- |
Deregistered from BIFR and is no longer a sick unit. |
|
| 2006 |
- |
Planning and design for an Information Technology (IT) Park of 23 acres, i.e. Nirlon
Knowledge Park (NKP) commences at Goregaon, Mumbai, at the company's erstwhile
factory location. |
|
| 2007 |
- |
Construction of Phase-I of NKP commences. |
|
| 2008 |
- |
Construction of Phase-II of NKP commences. |
|
| 2009 |
- |
NKP Phase-I is completed and substantially licensed to leading multinationals and
corporates. |
|
| |
- |
Divestes its 26% stake in its Conveyor Belt joint venture company with a
substantial gain. |
|
| 2010 |
- |
NKP Phase-II is completed and substantially licensed to leading multinationals and
corporates. |
|
| 2010 |
- |
Wins Smart Living Awards for
i. Best Safest Project.
ii. Best Corporate Spaces - SEZ's & IT Parks.
iii. Best Green Project - Commercial. |
|
| 2011 |
- |
Construction of Phase-III of NKP commences. |
|
| |
- |
NKP Phases I & II are fully licensed. |
|
| |
- |
Completes a preferential issue of fresh equity for expansion and development of NKP. |
|
| 2012 |
- |
Construction of NKP Phase-IV begins. |
|
| 2012 |
- |
Wins International Property Awards Asia Pacific for
i. Best Commercial Renovation / Redevelopment, India
ii. Best Commercial Renovation / Redevelopment, Asia Pacific |
|
| 2013 |
- |
NKP Phase III is completed and substantially licensed to leading multinationals and
corporates. |
|
| 2013 |
- |
Wins Worldwide Achievers "Real Estate Award 2013" |
|
| 2014 |
- |
Completes a second preferential issue of fresh equity for expansion and
development of NKP. |
|
| |
- |
Declares a dividend for the first time since 1985. |
|
| 2015 |
- |
NKP Phase IV is completed and substantially licensed to leading multinationals and
corporates. |
|
| |
- |
Reco Berry Private Limited makes a successful open offer for the Company as per
SEBI regulations. |
|
| |
- |
Consequent to the open offer, Reco Berry PTE Ltd becomes a Promoter of the Company
along with the existing Promoters. |
|
| 2016 |
- |
Subsequent to approval from its shareholders, signs an agreement with
Nirlon Management Services Pvt Limited (NMSPL) for providing management services
to the Company. |
|
| |
- |
Development of NKP Phase-5 begins. |
