 "Court nod for Suryakiran-Suryalakshmi Mills merger")
SCML on Wednesday informed the BSE that the Andhra Pradesh High Court had sanctioned the scheme of amalgamation.
Established in 1962, SCML manufactures cotton and synthetic yarn, while SKIL is engaged in the production of and sale of denim garments.
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In 2013-14, SCML posted a turnover of Rs 712 crore and a net profit of Rs 11.71 crore.
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