|₹11.75 / ₹6.02|
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A subsidiary of Yarn Syndicate, Prime Textiles Ltd, earlier known as ATL Textiles, is part of the Patodia YSL group, which has been in the textile business for more than five decades. A government-recognised export house, it produces cotton yarns of varied counts with high value-addition post-spinning processes to meet customer specifications. The products are well received in Japan, South Korea, Italy, the EEC and other countries. Prime Textiles expanded the capacities of its blowroom and preparatory machines, facilitating the production of melange yarn. It modernised the facilities for cotton yarn to capitalise on the export market. It diversified into knitting by installing Mayer & Cie knitting machines, manufactured by Mayer & Cie, Rundstrickmaschinen, Germany. The above projects were part-financed by a public issue in Mar. '94.