Shiva Mills Ltd - SHIVA MILLS Share Price

Summary

Shiva Mills Limited (Formerly known STYL Textile Ventures Limited) was incorporated in November 24, 2015. The Company is engaged in manufacturing & marketing of cotton yarn products. The Companys spinning unit was started in the year 1989 with factory located at Dindigul, Tamil Nadu. The unit had a capacity of 39072 spindles with a production capacity of 20 tonnes of cotton yarn per day. The unit specialized in production of 100% cotton yarn for knitting mostly counts 20/1 to 40/1. The Company established strong brand loyalty especially in major knitting centers like Tirupur and Upcountry. The Company exported around 20% - 30% of cotton produced to Far East countries. The unit modernized at periodical intervals by availing Term loans under Technology Upgradation Fund (TUF) Scheme. The unit is equipped with some of sophisticated machinery like LMW V4 Cards, Rieter SB D22 Drawframe, Rieter E35 Omega Lap, Rieter E80 Combers, Saurer AC6 Autoconer, Sussen Compact System for ring frames. The unit installed sophisticated testing equipments to test the quality parameters of cotton as well as yarn to maintain quality standards. The unit implemented ISO 9001: 2000 Standards certified by Det Norske Veritas, Netherlands for quality standards.In 2004, the Company started first wind farm project at Sankaneri in Tirunelveli Dist. of South Tamil Nadu, by installing 5 Nos of 1250 KW wind mills, in one of the predominant wind park in the state. In 2005, the Company installed 16 more wind... Read More