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Goldwon Textiles Ltd.

BSE: 521230 Sector: Industrials
NSE: N.A. ISIN Code: N.A.
BSE 05:30 | 01 Jan Goldwon Textiles Ltd
NSE 05:30 | 01 Jan Goldwon Textiles Ltd

Goldwon Textiles Ltd. (GOLDWONTEXTILES) - Company History

The Company was incorporated in the State of Andhra Pradesh with the main object to manufacture Knitted Socks. The Promoters of the Company are S.S.R. Krishen, Lalitha Kishen, Prashanti Singh, Shanti Singh and their associates. Mr S.S.R. Kishen, is a Science Graduate with Marketing and also Industrial experience. He was one of the promoter Directors of M/s. Ramkish Tyres Ltd (since resigned). During 1995-96, the company used to execute Double Ribbed Socks and has now started concentrating on Computer Aided Design Socks. Due to delay in production the company decided to commenced its production by the end of December 1996, Valuing about a cost of Rs. 4.00 crores. Due to the low capacity utilisation and accumulated loss during the year 1999-2000, the company has made a reference to BIFR for a sick company and finalise a rehabilitation scheme for support and rejuvenation. The Board has appointed State Bank of Hyderabad as the operating agency.