History of company

- Alok was established in 1986 as a private limited company, with our first polyester texturising plant being set up in 1989. We became a public limited company in 1993. Over the years, we have expanded into weaving, knitting, processing, home textiles and garments. And to ensure quality and cost efficiencies we have integrated backward into cotton spinning and manufacturing partially oriented yarn through the continuous polymerisation route. We also provide embroidered products through Grabal Alok Impex Ltd., our associate company. - That is how we have evolved into a diversified manufacturer of world-class home textiles, garments, apparel fabrics and polyester yarns, selling directly to manufacturers, exporters, importers, retailers and to some of the worlds top brands. - Alok has a strong foothold in the domestic retail segment through a wholly owned subsidiary, Alok H&A Limited, under the cash & carry model that offer garments and home textiles at attractive price points. - Alok also has an international presence in the retail segment through its associate concern, Grabal Alok (UK) Limited. This entity owns more than 200 outlets across England, Scotland and Whales vending value for money ranges for menswear, womenswear, childrenwear, footwear, homeware and accessories. - In addition, Alok has also invested in premium commercial/residential projects across Mumbai through its wholly owned subsidiaries. More details on our Retail and Realty forays.

Milestone

YearMilestone 2012

Turnover crosses Rs. 8900 crores Exports reach Rs. 3030 crores. Completion of Expansion of polyester production from 900 tons/day to 1400 tons/day. The amalgamation of Grabal Alok Impex Limited (GAIL) into the company was completed on 1 March 2012 with effect from 1 April 2011. Gold Trophy for Global Exports of Bleached / Dyed / Yarn Dyed / Printed Fabrics in Fabrics Category Gold Trophy for Exports of Bed Linen / Bed Sheets /Quilts in Made-ups Category SilverTrophyfor Highest Global Exports Category Silver Trophy for second best export performance for the year 2010-11 in the category of Polyester Yarn

2011

25 years of corporate journey completed Turnover crosses Rs. 6,300 crore, Exports reach Rs, 2,200 crore Awarded the IMC - Ramakrishna Bajaj National Quality (RBNQ) Performance Excellence Trophy in the Manufacturing Category Expansion of Polyester production from 600 tons/day to 1400 tons/day commenced Awarded status of 'Recognised Star Trading House'

2010

Turnover touches Rs. 4,300 crore, Exports crosses Rs, 1,500 crore Qualified Institutional Placement of Equity Shares of Rs. 425 crore Added Terry Towels to its product range

2009 Rights issue of Equity shares of Rs. 450 crore completed integration of Polyester by commissioning continuous Polymerisation capacity of 600 tpd 2008

Turnover crosses Rs. 2,000 crore Exports crosses Rs. 1,000 crore Joint venture with National Textile Corporation (NTC) to develop, revive

New City Mills, Mumbai and Aurangabad Textile Mills, Aurangabad formed Awards from TEXPROCIL for 2007-2008 Gold Trophy for highest exports of bleached/yarn dyed/ printed fabrics Silver Trophy for highest export of made ups Bronze Trophy for highest global exports Special achievement award for exports in fabrics Awarded Outstanding Exporter of the Year Textiles at the International Trade Awards 2007-08; presented by DHL CNBC TV 18 and powered by ICRA Initiated Phase IV expansion of Rs. 1,180 crore under TUFs Raised ECB of USD 90 million Acquired stake in UK retail "Store Twenty One"

2007

ISO 9001:2000 certification obtained Turnover reaches Rs. 1,800 crore, Export at Rs. 640 crore Domestic retail brand 'H&A' launched Embarked on expantion of Rs. 1,100 crore under phase III under TUFs Contracted to acquire commercial property at Lower Parel admeasuring 6,41,000 sq. ft. in real estate subsidiary Alok Infrastructure Limited 60 per cent stake in Mileta a.s. a Czech Republic-based textile company acquired Controlling stake in U.K based retail store chain, qs (now Store Twenty one) acquired Organic cotton contract farming commenced Gold Trophy for best export performance to Focus LAC countries awarded by Synthetic & Rayon Textile Export Promotion Council Awarded Silver trophy for highest fabric exports and Bronze trophy for highest made ups export

2006

Texprocil silver trophy awarded for second highest export in manufacturer exporter made ups category. FCCB issue of USD 70 million.

2005 FCCB issue of USD 35 million.

2004

Turnover surpasses Rs. 1,000 crore Commenced Phase I & II of expansion programme (Spinning, Weaving, Processing & garmenting) aggregating to Rs. 1,175 crore under TUFs.

2003

Export Trading House status granted Foray into House Textile Segment (bed linen)

2002

Rights issue of FCDs of Rs. 51 crore. Turnover exceeds Rs. 550 crore.

2001 Expansion initiated under Technology Upgradation Fund Scheme (TUFs) for weaving and processing capacities wih investment of Rs. 225 crore. 2000

Turnover exceeds Rs. 300 crore,including export of Rs. 9 crore. New Alok Logo launched.

1998 Private placement of equity shares of Rs. 16 crore to Century Direct Fund(Mauritius). 1997 Rights Issue of equity shares aggregating to Rs. 14.98 crore. 1996 Annual sales of Rs. 100 crore.

1995 Sets up financial and technical collaboration with Grabal, Albert Grabher GmbH & Co of Austria to make embroidered products through a joint venture company, Grabal Alok Impex Ltd. 1993 Becomes a public limited company with a Rs. 4.5 crore IPO

1986 Incorporation of the Company