SVC Resources Ltd. Company History and Annual Growth Details

1976 - Company was incorporated with an objective to trade in textile goods.

2006

-Company has changed its name from Pace Electronics Ltd. to Pace Electronics & Textiles Ltd.

-Company has splits its Face value of Shares from Rs 10 to Rs 2

2007

- There was an increase in the authorized share capital of the company from Rs. 3.5 crore to Rs. 7 crore.

- Shareholders of the company had passed the resolution to change the name of company from Pace Electronics & Textiles Ltd. to Pace Textiles Ltd.

2008

-The company had acquired running unit of manufacturing suiting and shirting at Dadra-Nagar Haveli.

- The board of the company had allotted 85,75,000 equity shares of Rs 2 each for cash at a premium of Rs 7 per share on preferential basis.

- Company name has been changed from Pace Electronics & Textiles Ltd to Pace Textiles Ltd.

2009

- Pace Textiles Ltd has appointed Shri. Sunil Jain as Independent Non Executive Director of the Company.

- Pace Textiles Ltd has appointed Shri. Vishal Singh as Independent Non Executive Director of the Company.

-Company has changed its name from Pace Textiles Ltd. to SVC Resources Ltd.

2010

-Company has splits its Face value of Shares from Rs 2 to Re 1

2011

-SVC Resources has given the Bonus in the Ratio of 1:3

-Registered Office of the Company has been shifted From 518, Sagar Tech Plaza, A Wing, Saki Naka Jn., Andheri Kurla Road, Andheri East, Mumbai- 4000072 To 104, Baba House, 1st Floor, Mathuradas Vissenji Road, Near Cine Magic Cinema, Andheri (E), Mumbai- 400093.

2014

-SVC Resources Ltd has informed that the Board has appointed Mr. Rajesh Baheti as Promoter Director and Chairman of the Company.

2017

-Company has splits its face value from Rs. 1/- to Rs. 10/-.

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