About
Basic Data Updated:
6 days ago"SUTLEJ TEXTILES AND INDUSTRIES LIMITED - With a strong focus on producing high-quality dyed spun yarn and value-added/specialty yarn, Sutlej Textiles and Industries Limited is a leading player in the textile industry. In addition to its yarn production, the company also manufactures a wide range of fabrics and home textiles. Boasting a spinning capacity of 4,22,352 spindles and a home textile capacity of 8.4 million meters per annum, STIL's state-of-the-art manufacturing facilities are strategically located in Bhawanimandi, Kathua, Daheli, and Baddi. In a strategic move, STIL acquired the Design, Sales, and Distribution (DS&D) business and brand of American Silk Mills LLC (ASM) based in Plains, Pennsylvania. As part of the esteemed K. K. Birla Group, STIL was incorporated in 2005 and has its registered office in Jhalawar, Rajasthan. With a strong commitment to quality and innovation, STIL continues to make its mark in the textile industry."
Industry
Company Details
- Location
Jhalawar, Rajasthan, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
Products or Services related to Sutlej Textiles And Industries Limited
Synthetic Yarn
Financials of Sutlej Textiles And Industries Limited
Sutlej Textiles And Industries Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.27% decrease. The company also saw a substantial fall in profitability, with a 85.33% decrease in profit. The company's net worth dipped by a decrease of 0.57%.
Corporate Structure
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People in Sutlej Textiles And Industries Limited
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Executive Team (2)
Rajib Mukherjee
CFOAppointment Date: 11-Jun-2022
Status: Current
MC
Manoj Contractor Company SecretaryAppointment Date: 25-Oct-2017
Status: Current
Board Members(9)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 30 Jun 2022 | ₹97.00 Cr | Open |
Hdfc Bank Limited Creation Date: 22 Mar 2021 | ₹35.00 Cr | Open |
Hdfc Bank Limited Creation Date: 26 Nov 2020 | ₹35.00 Cr | Open |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
Podar Advisory & Consulting Enterprise Private Limited.
Active
36 years 7 months Rajiv Podar is a mutual person
Recent activity within the organization
Annual General Meeting
Sutlej Textiles And Industries Limited last Annual general meeting of members was held on 21 Aug 2023 as per latest MCA records.
21 Aug 2023Charges
A charge with Others of Rs. 962.50 cr registered on 03 Feb 2020 with Charge ID 100321908 was modified on 18 Aug 2023.
18 Aug 2023Balance Sheet
Sutlej Textiles And Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jaipur.
31 Mar 2023Charges
A charge registered on 30 Jun 2014 via Charge ID 10507799 with State Bank Of India was fully satisfied on 10 Mar 2023.
10 Mar 2023Charges
A charge with Hdfc Bank Limited of Rs. 97.00 cr registered on 30 Jun 2022 with Charge ID 100596840 was modified on 15 Dec 2022.
15 Dec 2022
Recent News, Updates & Announcement
India Ratings Revises Sutlej Textiles and Industries Outlook to Negative Affirms IND A Rates Proposed Term Loan.India Ratings and Research 02 May 2023
- Industries Minister KJ George state will support new Sutlej Textiles unit in Chamarajanagar.
Fashion Network 23 Jul 2018
- Sutlej expanding capacity setting up new plant and making global acquisition.
Textile Magazine 30 May 2018
- Sutlej Textiles adds American Silk Mills to its portfolio News Industry 881468.
Fashion Network 18 Oct 2017
- Sutlej Textiles Q1 PAT dips 4770 to Rs 2358 crore Moneycontrolcom.
Moneycontrol 19 Jul 2017
Frequently asked questions
What is the Incorporation or founding date of Sutlej Textiles And Industries Limited?
