Company History: YEAR EVENTS1921 - The company was incorporated at Calcutta. The Company is engaged in business of Jute Goods like carpet backing hessian sacking twine etc.1962 - Authorised capital reduced from 60 000 shares of Rs 100 each to 60 000 shares of Rs 50 each by returning to the holders Rs 50 per share. Equity shares of Rs 50 each subdivided into 5 No. of equity shares of Rs 10 each. These changes were confirmed by the Court on 7th December 1963.
1985 - The name of the Company was changed from The Champdany Jute Co. Ltd. to Champdany Industries Ltd. with effect from 1st February.
1994 - 32 96 884 bonus shares allotted in prop. 1:1. Another 10 00 000 No. of equity shares of Rs 10 each (prem. Rs 240 per share) allotted on private placement basis to Banks Mutual Fund OCB etc.
1995 - The performance of the Company was impressive despite abnormal increase in jute price steep escalation in labour and power cuts coupled with sluggish demand of finished goods in the domestic as well as international markets.
1996 - The first phase of 100% Export Oriented Unit at Rishra for manufacture of jute/jute blended high-tech fabrics commenced.
1997 - As on 31st March West Range Properties Pvt. Ltd. Circus Avenue Properties Pvt. Ltd. Rishra Industrial Enterprises Ltd. and Forfar Weavers Ltd. are the subsidiary companies.
