YEAR EVENTS 1961 - The company was incorporated on 16th December, as a private limited company at Ganaikondan in Tirunelveli district of Tamil Nadu. In 1978, the then board of directors floated one more unit in the name and style of `KLRF Sheet Metal Industries' at Gudalore in Coimbatore district. The company was converted into a public limited company on 8th May, 1982. - The main object of the company is to manufacture flour, flour milling machinery design and fabrication of electrical panel board and cotton spinning. - The company further diversified its activities by setting up a cotton yarn spinning mills with a registered capacity of 25,000 spindles at Gangaikondan. 1981 - 8,000 shares of Rs. 100 each were issued as Rights in Propn. 1:1 on 20th October. 16,000 shares issued in prop. 1:1 on 12.4.1982. Shares then sub-divided. 1983 - During November, 3,07,500 No. of euqity shares of Rs. 10 each issued to the public (Prem. Re. 1 per share). Allotment made in January. 1987 - Quantity of wheat milled was marginally lower at 32,840 tonnes mainly due to non-availability of wheat crop by virtue of drought situation. - To improve the profitability of the textiles division, a new open end spinning mill was established at Sattur, a notified backward area in the Kamarajnagar district of Tamil Nadu. 1988 - The flour mill division incurred a loss due to higher interest and transportation costs caused by purchase of wheat in open markets from North India. - The company undertook to establish an Open End Spinning Unit at Sattur, an industrially notified backward area. 1989 - Constraints in the availability of raw material, price fluctuation, movement restriction and credit restrictions resulted in uneconomical working of the flour mills division. Performance of the sheet metal division improved and the modernisation programme of the unit was expected to be completed during the year. - The company allotted 14% secured non-convertible debentures aggregating to Rs. 80 lakhs on private placement basis to LIC, GIC, United India Insurance Co. Ltd. and Oriental Insurance Company, Ltd. - With effect from 1st April, the company relinquished partnership in M/s. Eltex Computer Services. 1990 - The working results of the flour mill division improved considerably despite unfavourable conditions like partial credit restrictions and periodic changes in the wheat distribution policy. Turnover of the sheet metal division and textile division represently increased with compared to the previous period. - The company undertook the modernisation of the textile division at Gangaikondan 1991 - The order book position of the sheet metal division was not satisfactory due to inventory adjustment by the cusotmers. Turnover of the textile division dropped due to high cotton prices and consequent increase in stock value and interest thereon. - The company proposed to issue non-convertible debentures aggregating to Rs. 90 lakhs on private placement basis to Canbank Mutual Fund. 1993 - The sheet metal division was able to substantially reduce the losses despite continued recession for major part of the year. 1994 - The flour mill division and sheet metal division registered profitable operations. The sheet metal division despatched the first batch of coffee roasting machines. But for the steep hike in prices of cotton and yarn the overall working could have been still better. - One wind electric generator was commissioned and the second one was under erection. - 12,55,000 Bonus Equity shares issued in propn. 1:1. 1995 - Expansion was reported to be in progress at the open end spinning unit. One more open end unit was proposed to be installed to augment the production of coarse count yarns for handloom and power loom section. 2005 -Kovilpatti Lakshmi has recommended 15% dividend 2006 -KLRF enters into metal manufacturing 2007 -The company has designated E-mail ID for Investor Complaints: cosec@klrf.in 2008 -Kovilpatti Lakshmi Roller Flour Mills Ltd has informed that the name of the Company has been changed from "Kovilpatti Lakshmi Roller Flour Mills Ltd" to "KLRF Ltd". 2018 -Company name has changed to Kovilpatti Lakshmi Roller Flour Mills Ltd. from KLRF Ltd.. 2024 -The NCLT approved Scheme of Amalgamation of Raya Foods Private Limited with Kovilpatti Lakshmi Roller Flour Mills Limited.