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SIL Investments Ltd.

BSE: 521194 Sector: Financials
NSE: SILINV ISIN Code: INE923A01015
BSE 00:00 | 19 Apr 175.25 -7.25
(-3.97%)
OPEN

176.00

HIGH

176.00

LOW

175.25

NSE 00:00 | 19 Apr 173.70 -9.60
(-5.24%)
OPEN

179.95

HIGH

180.00

LOW

173.25

OPEN 176.00
PREVIOUS CLOSE 182.50
VOLUME 13
52-Week high 229.00
52-Week low 98.10
P/E 5.51
Mkt Cap.(Rs cr) 186
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 176.00
CLOSE 182.50
VOLUME 13
52-Week high 229.00
52-Week low 98.10
P/E 5.51
Mkt Cap.(Rs cr) 186
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

SIL Investments Ltd. (SILINV) - Company History

Incorporated in 1933 Sutlej Industries Ltd. formerly known as Sutlej Cotton Mills (SCML) engaged in spinning processing and pressing of cotton. The company's unit Rajasthan Textile Mills was awarded the certificate of merit by the President of India for achieving a meritorious performance in the field of exports in 1991-92. It was also recognised by the Synthetic and Rayon Textile Export Promotion Council for achieving the highest exports in polyester/cotton blended yarn category for 1991-92. In 1995-96 it undertook an expansion of 6048 spindles at its Kathua unit. The company is exploring the possibility of setting up a denim fabric project as a part of the diversification programme. The company issued 2 lac 18% Non Convertible Debentures of Rs 100 each to Army Group Insurance Fund by way of private placement. The company was granted ISO 9002:1994 certification in respect of unit Nos. 4 & 5 of its unit Chenab Textile Mills Kathua. In 1999-2000 the company completed its expansion of Chenab Textile Mills Kathua by addition of 7680 spindles. It started commercial production from 1st February 2000.The Company successfully completed modernisation-cum-upgradation scheme for both the units under the Technology Upgradation Fund Scheme. The Company has made satisfactory progress by setting up a Fabric project commercial operations was started on September 2000. The company is planning for a modernization programme in 2003-04 with an capital outlay of Rs.32 crores. In 2002-03 it has spent Rs.35.50 crores for modernising its BhawanimandiKathua & Bhilad plants.

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