Major events during the Year 2006-07

» Company’s Joint Venture Company, Carreman Fabrics India Ltd. started the commercial    production.
» Company’s new Garment unit at Daman started commercial production.
» Company started construction of building for new garment unit at SEZ Surat.
» Company purchased 17762 Sq. Meter Land with building constructed thereon at Banswara, near  its existing production units.
» Company issued bonus shares to its shareholders.
» Company’s  Equity Shares Listed with National Stock Exchange of India Ltd.

Year 2007-08

» Commencement of commercial production of ;
          » 18 MW captive thermal power plant.
          » Garment Unit at SEZ Surat.
          » Jackets at Garment factory at Daman 
» Commencement of trial production of furnishing fabrics in Jacquard Weaving Division. 
» The Company discontinued the labour job spinning contract with Banswara Fabrics Limited and taken over the workforce of BFL on its rolls

Year 2008-09

» Started Worsted Spinning Division to produce wool mixed yarns.
» Commencement/ utilization of enhanced processing capacity from 16 lacs meters/month to 22 lacs meters/month.
» Started additional lines for production of trousers and jackets at Surat SEZ Plant and Suits at Daman Plant.
» Started production of Made-up's/Décor at Banswara.
» Started Cotton yarn dyeing at Banswara.
» Developed world class fabric testing laboratory as per ISO, AATCC, ASTM, LS & Co., M & S etc. testing protocol.  The laboratory has successfully achieved accreditation of Levis & Co., Marks & Spencer and undergoing ISO 17025 NABL accreditation. 
» Developed fabric designing section and created a garment studio at Mumbai for improvement in fabric and garment designs. 
» Started sale of electricity to the State Electricity Board.

Year 2009-2010

» Company started production of technical fabric and jacquard technical fabric.
» Company added one more imported Italian make Stenter with other balancing/value adding machines to increase the fabric processing capacity/quality up to 3 million meters a month.
» Board of Directors allotted 16.50 lac warrants to other than promoters at a price of Rs.41/- per warrant.  Each warrant will be converted into 1 fully paid Equity Share.
» Purchased 18292 sq. ft. land and 18089 sq. ft. building constructed thereon at Daman to  further expand the garment business of the Company.