Tejassvi Aaharam Ltd

Tejassvi Aaharam Ltd

Tejassvi Aaharam Limited (Formerly Sterling Spinners Limited) was incorporated as Public Limited Company on Sep'20 1994. The Company belongs to the Associate Companies of Savorit led by the Promoters Late Kolur Sreenivasan and K S Venugopal.The company is implementing a project to set up a spinning mill at Padiyur Pudupatty (Dindigul Anna district) Tamilnadu for the manufacture of 30s carded hosiery cotton yarn with an installed capacity of 12096 spindles. It came out with a public issue of 3700000 equity shares of Rs 10 each for cash at par aggregating Rs 37000000 in Feb.'96.The company has received an indication letter from Lapasia Enterprise Madras to take the entire production of 30s carded hosiery cotton yarn. During the year 1996-97 the company has achieved the capacity of 12096 spindles in stages.In the year 2000-01 due to accumulated losses the company has become a sick industrial company under SICA 1985.The name of the Company changed from Sterling Spinners Limited to Tejassvi Aaharam Limited during 2015 and thereafter it started the unit for new line of Pasta Food Processing Mill effective from 1st November 2016.