Subhash Silk Mills Ltd Share Price


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Chairman Sumeet S Mehra
Managing Director Dhiraj S Mehra
Independent Director Lav Kumar Vadehra
Independent Director Radhe Mohan Malhotra
Independent Director Anant Singhania
Director Nameeta S Mehra
Company Secretary Paridhi Somani

Subhash Silk Mills (SSML) was incorporated on 6 Nov.70, and promoted by Dharamlal Mehra and Ved Prakash Mehra of the Mehra group. Other group companies include Subhash Exports, Excellent Holdings, Taranga Holdings, Subhash Knitting, Subhash Trading, etc. SSML is headed by chairman Ved Prakash Mehra and managing director Subhash Mehra. The company came out with a Rs 6.6-cr public issue (premium : Rs 40) in Mar.95 to expand grey cloth manufacturing facilities, shift the existing factory from Andheri, Mumbai, to Sajgaon in Khapoli, and to reduce the work force by offering a voluntary retirement scheme (VRS) to bring down the wage cost per metre. The total fund requirement was estimated at Rs 15.40 cr.SSML manufactures fashion fabrics, dress material and jacquards. It also manufactures shirts and ties and markets them under the brand name Cameo. It exports its products to the Gulf countries, mainly Saudi Arabia. The company is under lockout since 9th March, 1998.The lock-out declared by the company at its Saki-naka unit continued during the year 1999-2000. The company has made a reference to the BIFR which has been completed.


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Shiv Shakti Indust,
7 B J R Boricha Marg,Mumbai-400011

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