Kandagiri Spinning Mills Share Price

Kandagiri Spinning Mills Limited(KSML) was incorporated in 1976. It is promoted by the Sambandam Group. Its units are located in Tamil Nadu. The Company manufactures 100% Cotton Yarn, BCI Yarn, Organic Yarn on Carded and Combed as single, Double, TFO, Weaving and knitting yarn. The company also manufactures value added products viz High Twist, Gassed and Mercerized Compact Yarn and Slub Yarn.The company came out with a public issue of 11,36,000 shares of Rs 10 each at a premium of Rs 40 each in Jan.95 to partfinance the Rs 17.25cr project for the expansion of its capacity to 49,532 spindles. It is also adding specialpurpose machines such as autocone winders, twoforone twisters and singeing machines required for the manufacture of exportquality yarn. The company is in the field of cotton and textiles. The Companys modernisation and expansion programme under TUF Scheme involving addition of 14256 spindles at a cost of Rs. 18.30 crores, started during 200506, was completed in year 200607. It energized one Wind Energy Converter (WEC) costing Rs 6.20 Crores in Tirunelveli District, Tamil Nadu. In 201415, it commissioned the Dedicated Feeder Line for its Unit III Unit II by the month end of October 2014 and March 2015 respectively.During FY 201718, the Company increased its capacity utilization to its fullest capacity with production of special yarns like Viscose Polyester and Melange Varieties. As a change in Management and Takeover, the partners of Akshayam Creations LLP took the Board positions on 8 August, 2025.