Mahalaxmi Fabric Mills Ltd. Company History and Annual Growth Details

The Company was incorporated as a Private Limited Company under the Companies Act, 1956 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. The Company was incorporated as a Private Company on April 04, 1991, the Certificate for commencement of business was not required. Initially Company was engaged, inter alia, in the business of Colours and Chemicals untill FY 2003-04. There after, the business was discontinued. Subsequently the object clause has been changed from Colour chemical business to the Textiles business w.e.f. 23rd September, 2022. The Company has changed its Name from “Sonnet Colours Pvt Ltd” to “Mahalaxmi Fabric Mills Private Limited”, with effect from 19th October, 2022.

Key Events and Milestones:

1991

- Initially Company was engaged, inter alia, in the business of Colours and Chemicals untill FY 2003-04. There after, the business was discontinued. Subsequently the object clause has been changed from Colour chemical business to the Textiles business effect from 23rd September, 2022.

2024

- Transfer and vesting of Traditional Textiles Processing Division located at Narol, Ahmedabad along with Wind  Power division (First Demerged Undertaking) from MRT to MFML, pursuant to and in accordance with the Scheme.