|₹13.75 / ₹2.8|
What is shareholding pattern? Who are shareholders?
What is a cash flow statement?
What is a balance sheet?
What is a profit and loss statement?
What are dividends?
What are bonuses?
The Ahmedabad unit of Soma Textiles & Industries was taken over in 1969 and a major modernisation and expansion programme was carried out to revive it. The company was one of the first units to manufacture indigo denim in 1986. In 1994, the company commissioned its 100% export-oriented spinning unit (cap. : 30,204 spindles) at a capital outlay of Rs 74 cr. The company's principal products include cotton yarn and cotton fabrics as also blended yarn and man-made fabrics. In 1995, the company replaced 20 narrow-width Ruti looms with 12 Sulzer 390 cm wide-width looms. To achieve better capacity utilisation, six Sulzer wide-width looms along with one Schlafhorst rotor spinning machine and other balancing machines were installed and commissioned in Sep. '95.