Jindal Worldwide Ltd - JINDAL WORLDWIDE Share Price

Summary

Jindal Worldwide Limited (JWL), a part of Ahmedabad based Jindal Group was incorporated on September 02, 1986 as Jindal (India) Textiles Mills Private Limited . The Company started its operations in 1990-91. Later in 1993 it got converted into a Limited Company and subsequently, was rechristined as Jindal (India) Textiles Mills Ltd., Again in April 18, 1995, Company changed the name to present one Jindal Worldwide Limited.Jindal is among the largest denim fabric manufacturers and suppliers in the country. The Company has established itself as a dominant name in the industry with a capacity of manufacturing 120 million meters of denim fabric on an annual basis. It manufactures a wide range of denim, premium printed shirting, yarn dyeing, bottom weights and home textiles. Integrating the use of smart and latest technology for spinning, dyeing, weaving and finishing processes, the Companys manufacturing facilities are located in Ahmedabad. It offer futuristically innovative designs with latest trends.During the Jan.96, the company came out with an public issue of 12,60,000 equity shares of Rs 10/- each for cash at a premium of Rs 105/- per share aggregating to Rs 14.49 crores to acquire assets for expansion of the business and to strengthen the equity capital base of the company.In the year 2000-01, the company is about to be accredited with ISO 9001 b SGS (India) Ltd., The company has complete all necessary procedures and the certificate is awaited. In this year 2001 the... Read More