iifl-logo

Thambbi Modern Spinning Mills Ltd Company Summary

20.61
(-0.05%)
Feb 26, 2024|12:00:00 AM

Thambbi Modern Spinning Mills Ltd Summary

Incorporated in 1977 to take over the business of Thambbi Modern Spinners - a partnership firm in existence since 1973 - Thambbi Modern Spinning Mills Ltd (TMSL) was promoted by N Ramasamy Udayar, who promoted Salem Textiles and Telematics Systems. As a result of the family partition, TMSL is now controlled by R Jagadeesan, the second son of N R Udayar. The Company is in the business of spinning and weaving of fibers and yarns. It started operations with an installed capacity of 3160 spindles which has over the years increased to 35358 spindles (as on Mar.96). It has enhanced its spinning capacity by setting up a new unit with 5040 spindles at Salem, which has since gone ons tream. In Jan.95, TMSL commissioned a dyeing unit at a cost of Rs 140 lac at Kombaipatti near Salem, for dyeing fibre and yarn (inst. cap.: 600 kpd). The company had part financed the expansion-cum-forward integration programme through its maiden public issue in Nov.94.TMSL currently manufactures, in addition to grey yarn, various speciality, value-added yarns including cotton melange yarn (manufactured mainly for exports), melange linen blended yarn and lycra core yarn. The company directly exports its yarn to various textile manufacturers in Europe, Israel and Turkey.The company is in the process of developing new products in the near future.

Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248, DP SEBI Reg. No. IN-DP-185-2016
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.