Bhilwara Spinners Share Price

CMP as on28-Oct-20 15:29

₹ 13.80
0.55 4.15%

Open

₹ 13.20

Turnover (lac)

Prev. Close

₹ 13.25

Day's Vol (shares)

₹ 2,602

Day's Range

₹ 13.20
₹ 13.91

Engaged in the manufacture of cotton yarn, synthetic blended yarn, hosiery yarn and sewing threads, Bhilwara Spinners is controlled by the Bhilwara group of Rajasthan. A subsidiary of Rajasthan Spinning & Weaving, it became an independent company in 1990-91. It exports to countries in western Europe and east Asia.Bhilwara Spinners came out with a public issue in Apr.93 to part-finance its modernisation and to augment its working capital. A cost overrun of Rs 45 lac, was met through internal accruals.In 1995-96, the company undertook a balancing-cum-modernisation and expansion programme costing Rs 22.78 cr and as a result, 3840 spindles are added. The 4.25 MW Power project was completed in October,1998. he company completed the installation of 3 Autoconers and 8 Two for one twisters. The scheme of Amalgamation of the company M/s Rajasthan Spinning & Weaving Mills Limited has not been given effect in view of the order of the Honble High Court of Rajasthan,Jodhpur passed during 2000-01. The company made a reference to BIFR about accumulated losses resulting in erosion of the networth of the company.

  • Director & Chief Executive Off

    Ashok Kumar Kothari
  • Director

    Anshul Kothari
  • Independent Director

    Hanuman Pokharna
  • Director

    Sushila Kothari
  • Independent Director

    Arvind Tater

Registered Office

26 Industrial Area,
Post Box No 6,Bhilwara,
Rajasthan-311001
India

REGISTRAR OFFICE

F-65 1st Floor,
Phase-I,New Delhi-110020
INDIA