Meyer Apparel Share Price

Meyer Apparel Limited was initially incorporated as GIVO Limited in May 1993 and had been engaged in the manufacture of various types of Mens Suits Trouser. Name of the Company was changed to Meyer Apparel Limited in 2015. The Company is promoted by KBSH Group, Haryana, and the Singaporebased Thakral Group of Companies, for the manufacture of Mens suits and Trousers. Its services are apparel and clothing.The Company set up with technical and financial collaboration of Marzotto Spa of Italy supplies industrially manufactured classic mens wear, using state of art equipment imported from Europe. It underwent a 12 month technical training in advance of launching into full production in 1996, with Italian technicians on hand to supervise training and the setting up of quality assurance procedures in the Company. Besides, a permanent training center was set up in Gurgaon to provide extensive operational knowhow to the grass root shop floor operators. The Companys production unit located within New Delhi has capacity to produce 600 jackets and 800 pairs of trousers in a single eight hour shift. It exports a major portion of production to USA, Canada, Europe Middle East.The Company became potentially sick Company as per the provisions and a reference was made to BIFR in 2000.