Summary
Incorporated in Oct.88 as a private limited company, Supreme Woollen Mills was converted into a public limited company in Apr.89 and later on changed to its present name i.e. Supreme Yarns Ltd. It was promoted in joint sector by Ram Lal Gupta, Sanjay Gupta and Ajay Gupta alongwith the Punjab State Industrial Development Corporation (PSIDC). For setting up a 4000 spindles the company entered a MOU with PSIDC but the same was not commenced due to unfavourable market situtations. Later on the company approached IDBI for term lending and in turn bank also awarded the term loan in March,1995. It has undertook the project and completed it successfully by expanding the capacity to 11,520 spindles in its Kanganwal,Ludhiana plant.The company came out with a public issue of 40 lac equity shares of R Read More
Reports by Supreme Tex Mart LTD
Reports by Supreme Tex Mart LTD
