Summary
Incorporated in Dec.87, Amarjothi Spinning Mills (ASM) was converted into a public limited company in Dec.91. It is promoted by the Jaichander R. The Company is engaged in the business of manufacturing of Yarn. It has own processing unit for yarn and fiber and own Wind Power generation plants which are mainly used for own captive use. ASM went public with its maiden issue in Jan.93 to part-finance a spinning mill to manufacture cotton yarn (inst. cap. : 12,096 spindles) in Pudusuripalayam, Tamilnadu. To meet part of the project cost, ASM issued secured NCDs worth Rs 2.20 cr on a private placement basis. For cotton spinning, the company has adopted the ring spinning system. The company has installed the latest textile machineries including blow room, carding machines, draw frames, simplex f Read More
Reports by Amarjothi Spinning Mills LTD
Reports by Amarjothi Spinning Mills LTD
