Mahalaxmi Fabric Mills Limited was incorporated in India (Ahmedabad, Gujarat) as a Private Company with the name and style of 'Sonnet Colours Pvt Ltd' pursuant to a Certificate of Incorporation dated April 04, 1991, issued by the Registrar of Companies, Ahmedabad and subsequently the Company name had been changed to Mahalaxmi Fabric Mills Private Limited effective from 19th October, 2022.
Initially Company was engaged, inter alia, in the business of Colours and Chemicals untill FY 2003-04. Thereafter, the business discontinued, which subsequently changed its object clause from Colour chemical business to the Textiles business effective from September 23, 2022. Since then, it has engaged in manufacturing and marketing of products falling under the Traditional Textiles Division.
In 2024, the Scheme of Arrangement for Demerger between Mahalaxmi Rubtech Limited (MRT); the Company; and Globale Tessile Private Limited (GTPL) was implemented, where, the Traditional Textile Processing Division at Narol, Ahmedabad and Wind Power Division of Mahalaxmi Rubtech Limited along with existing investment of Mahalaxmi Rubtech Limited in its wholly owned subsidiary company namely Mahalaxmi Exports Private Limited was transferred to the Company with effect from April 1, 2024. In terms of consideration, the Company issued and allotted 1,06,20,275 new Equity Shares of Rs. 10/- each to the Shareholders of Mahalaxmi Rubtech Limited in the ratio of 1 new Equity Share, fully Paid-up, of the Co ...mpany for every 1 Equity Shares held by them in Mahalaxmi Rubtech Limited. After effectiveness of the Scheme, Mahalaxmi Exports Private Limited (MEPL) ceased to be Wholly Owned Subsidiary of Mahalaxmi Rubtech Limited and became Wholly Owned Subsidiary of the Company from 1st April, 2024.
FAQs on Mahalaxmi Fabric Mills Ltd
1. Can I buy Mahalaxmi Fabric Mills Ltd from PL Capital? ›
Yes, you can invest in Mahalaxmi Fabric Mills Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Mahalaxmi Fabric Mills Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Mahalaxmi Fabric Mills Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Mahalaxmi Fabric Mills Ltd pay dividends? ›
Mahalaxmi Fabric Mills Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Mahalaxmi Fabric Mills Ltd ? ›
As of
06-Feb-2026 , 15:59:46 the share price for Mahalaxmi Fabric Mills Ltd. is ₹ 25.04 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Mahalaxmi Fabric Mills Ltd ? ›
The 52-week high and low of Mahalaxmi Fabric Mills Ltd share price is ₹ 20.99 - ₹ 41.55 as of
06-Feb-2026 , 15:59:46 .
