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Milestones

         A GLORIOUS JOURNEY

  • 1993: Commenced operations with Open-end Spinning – installed 384 Rotors with an investment of Rs. 3 cr
  • 1999: Total installed Rotors reached 1,464
  • 2002: Ventured into Ring Spinning by installing 14,112 Spindles
    Forward integration into knitted fabric by installing 7 Knitting machines
  • 2005: Ring Spinning capacity doubled to 27,216 Spindles and Knitting machines to 15 nos
  • 2006: Maiden Public issue – listed on BSE & NSE – over-subscribed 22 times
  • 2007: Completed expansion program by installation of 50,400 Spindles, 12 Knitting machines & a 7.66 MW Fuel Oil based Power plant
  • 2008: Expansion of Open-end Spinning by installation of 2,000 Rotors and setting up of 10.5 MW captive Thermal Power plant
  • 2014: Declared maiden Dividend
  • 2015: Expansion of Spinning & Knitting capacity by installing 72,480 Spindles & 18 Knitting machines
  • 2017: Completed Spinning expansion by adding 72,960 Spindles and 14 Knitting machines, taking total capacity to 223,056 Spindles, 2,936 Rotors and 63 Knitting machines
  • 2018: Successfully raised additional Equity capital of Rs. 108 crores through QIP in November 2017

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** Transfer of Shares are mandatorily in DEMAT form w.e.f. 05.12.2018. Physical Shareholders are advised for dematerialized their shares