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Shiva Texyarn Limited

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Shiva Texyarn Limited
Company typepublic company
Traded asBSE: 511108
NSE: SHIVATEX
IndustryTextile
Founded1980
HeadquartersCoimbatore, TN, IN
Key peopleS.V. Alagappan
(chairman)
S.K. Sundararaman
(managing director)
RevenueIncrease ₹ 5,000 million
Websitewww.shivatex.in

Shiva Texyarn Limited (BSE: 511108, NSE: SHIVATEX) (formerly known as Annamallai Finance Limited (AFL)) is an Indian textile manufacturing company based in Coimbatore, Tamil Nadu. The company manufactures yarn, fabrics, garments, dry sheets and home textiles in India.

History

Shiva Texyarn was incorporated in March 2002. S.K. Sundararaman is the managing director of the company.

Shiva Texyarn was originally known as Annamallai Finance (AFL) and became a public limited company in 1986. Annamalai Finance Private Limited was established on 28 May 1980, and later became a public company on 25 November 1985. The name of the company changed to Shiva Textyarn Limited from the previous name of Annamalai Finance Ltd in October 2002.

Shiva Texyarn is listed on the Bombay Stock Exchange (BSE: 511108) and the National Stock Exchange of India (NSE: SHIVATEX). The company is an associate of Bannari Amman Group and Bannari Amman Spinning Mills which is one of the largest textile groups in India. The company is 75% owned by shareholders connected to the group so the publicly floated stock is small.

Recognition

  • Quality Circle Forum of India JUSE 5S Certified
  • OEKO Tex Standard Certification
  • WRAP Certification
  • Global Organic Textile Standard (GOTS) Certificate

See also

References

  1. "Look at Shiva Texyarn: Prakash Diwan". Moneycontrol.com. 16 October 2015.
  2. "Exhibition showcasing alternatives to plastic products held". The Hindu. 29 October 2018.
  3. "Focus on Indian Spinning Industry – Shiva Texyarn". IndianTextileMagazine. 17 May 2017.
  4. ^ "Shiva Texyarn ltd. (SHIVATEX) - Company History". Business Standard.
  5. "Shiva Texyarn updates on scheme of arrangement (demerger)". Business Standard. 24 November 2017.
  6. "Shiva Texyarn Limited - The Economic Times". The Economic Times.
  7. "Shiva Texyarn Limited - India Infoline". India Infoline.
  8. "Shiva Texyarn Ltd. - NDTV". NDTV.
  9. "Shiva Texyarn Limited - Bombay Stock Exchange". Bombay Stock Exchange.
  10. "Shiva Texyarn Limited - National Stock Exchange". National Stock Exchange.
  11. "Look at Shiva Texyarn: Prakash Diwan". Moneycontrol. 16 October 2015. Retrieved 26 December 2018.
  12. "QCFI JUSE 5S Certified List 2018". Quality Circle Forum.
  13. "Shiva Texyarn charting out a distinct success story". Textile Magazine. 4 May 2015.
  14. "Maid in India" (PDF). Centre for Research on Multinational Corporations.
  15. "Shiva Texyarn Ltd. 849525 - Global Organic Textile Standard". GOTS.

External links

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