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Parmeshwari Silk Mills Ltd.

BSE: 540467 Sector: Industrials
NSE: N.A. ISIN Code: INE808R01012
BSE 05:30 | 01 Jan Parmeshwari Silk Mills Ltd
NSE 05:30 | 01 Jan Parmeshwari Silk Mills Ltd

Parmeshwari Silk Mills Ltd. (PARMESHWARISILK) - Company History

Incorporated in 1993 as a private limited company Parmeshwari Silk Mills (PSM) was later converted into public limited company in 1995. The company was promoted by S Parmjit Singh S Jatinder Pal Singh and Mrs Prabhpreet Kaur. It is managed by Jatinderpal Singh. Presently The company is engaged in the manufacture of textiles suiting & Shirtings.PSM came out with a public issue of 1560000 equity shares of Rs 10 each for cash at par aggregating to Rs 1.56 cr in Feb.'96 to finance its expansion plans to increase the manufacturing capacity of textile suitings and shirtings from 384000 & 432000 meters per annum to 960000 & 612000 meters per annum respectively.

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