Subhash Silk Mills Share Price

Subhash Silk Mills

CMP as on09-Jun-21 14:37

₹ 15.67
0.74 4.96%

Open

₹ 15.50

Turnover (lac)

Prev. Close

₹ 14.93

Day's Vol (shares)

₹ 905

Day's Range

₹ 15.50
₹ 15.67

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.

  • 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

Registered Office

G-15 Ground Floor Prem Kutir,
177 Marine Drive,Mumbai,
Maharashtra-400020
India

REGISTRAR OFFICE

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