History

The Company was incorporated on 30th January, 1987 in the State Of Maharashtra, India,    with the main object of manufacturing Textured/Twisted Polyester Filament Yarn. The Company has its Registered Office at:  3, Matulya Centre “A”, Senapati Bapat Marg,                  Mumbai - 400 013 India.

The Company’s factories are located at Silvassa and Daman, both near Vapi. Commercial production began in December 1987, and both the factories are currently operational at optimal levels.

The Company had its IPO in November 1993, with its shares currently listed on all the major Stock Exchanges of India.

From a small beginning in 1987-88, when the Company achieved the turnover of just over Rs. 3 crores, the Company is hopeful of achieving its expected sales of over Rs.50 crores for the year ending 2001.

It would not be out of place to mention that Knitted Fabrics and Garments have contributed towards its export turnover and bottom line and it is here that the Company intends to further strengthen its efforts.

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