Sutlej Textiles and Industries Share Price

Sutlej Textiles Industries Limited, incorporated on 22 June, 2005 was created out of a corporate restructuring exercise pursuant to which the Textiles Division of the Company and Daman Ganga Processors Limited got demerged to form a single cohesive company with effect from July 1, 2005. The Company stands as a flagship unit of the multiproduct conglomerate K K Birla Group. The Company pioneered as one of Indias largest integrated textile manufacturing companies, encompassing the entire value chain from yarn production to home textiles. A flagship within the multibusiness conglomerate established by the late Dr. K. K. Birla, the Company operates manufacturing units in Rajasthan, Jammu and Kashmir, Himachal Pradesh and Gujarat. By the close of FY 202526, Sutlejs installed spinning capacity stood at 4.11 lakh, with an aggregate production capacity of 270 tonnes per day.Over the years, Sutlej emerged among a handful of Indian companies with the competence to weave specialty yarns (lycra, coolmax, modal and tencel yarns, among others). Company specializes in producing synthetic, natural and blended yarns, a diverse range of spun yarns, home textile furnishings and polyester staple fibre derived from recycling PET bottles. It has become one of Indias largest manufacturers of spundyed yarn and valueadded mlange yarn.In 200607, the Company entered the home textiles segment through Damanganga Home Textiles. In 2008, it expanded Bhawanimandi Unit by adding 7,488 spindles to manufacture PV dyed yarn. It added 12,672 spindles at Bhawanimandi Unit for manufacturing cotton yarn.In 201011, it started commercial production from May 1, 2009, with expanded capacity of 31,104 spindles at Chenab Textile Mills, Jammu Kashmir to manufacture cotton melange and cotton blended dyed yarn. Besides, a 12 MW Thermal Power Plant was installed at Bhawanimandi Unit. In 2014, the Companys stateoftheart Mlange Yarn Development Centre facilitated new product development the Company also established a Synthetic Yarn Development Centre during the year. It started commercial production of its 31,104 new spindles installed in November 2014 at Chenab Textile Mills, Kathua, Jammu Kashmir, at a project cost of Rs 151 Crore to manufacture valueadded cotton mlange and cottonblended dyed yarn it further expanded operations in the Home Textiles Division at the Damanganga Home Textiles.In 2015, the Company acquired Birla Textile Mills, a unit of Chambal Fertilisers and Chemicals Limited, as a going concern on a slump sale basis it commenced work on brownfield expansion project to manufacture valueadded yarn at Rajasthan with 35,280 spindles. The expansion project of Home Textiles Plant at Bhilad started during the year 201415.In 2017, the Company set up a 2.2 MW Rooftop Solar Power Plant at Bhawanimandi unit introduced latest machinery at Unit 7 in Bhawanimandi and commissioned 2,064 spindles manufacturing synthetic yarns thereafter, it installed 18 Circular Knitting Machines in the Bhawanimandi Plant. The Company launched a home textile brand, Nesterra in FY20. In 2023, it launched 24 new collections of Nesterra, taking total collections to 48. It strengthened the Technical and Specialty Yarn in 2024.