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Sueryaa Knitwear Ltd.

BSE: 540318 Sector: Industrials
NSE: N.A. ISIN Code: INE249U01013
BSE 05:30 | 01 Jan Sueryaa Knitwear Ltd
NSE 05:30 | 01 Jan Sueryaa Knitwear Ltd

Sueryaa Knitwear Ltd. (SUERYAAKNITWEAR) - Company History

Incorporated in Feb.'95 as a public limited company Surya Knitwears was promoted by Parmod K Jain Rajiv Jain and Shashi Jain Sat Pal Jain Vikas Sharma and Rashmi Khanna.The company is in the process of setting up a project for the manufacture of cotton/acrylic/polyester knitted garments with an installed capacity of 324000 pcs pa at Ludhiana Punjab. It came out with a public issue in Feb.'96 to part-finance the project.The company has an obligation to export 50% of its production for which it has made arrangement with Pailung Machinery Co Taiwan for lifting all the export production manufactured on the circular machines supplied by this company. It is yet to enter into an agreement with the Taiwanese company.