Supreme Yarns sanctions Rs750 mn loan letter for PNB
14 Dec '06
1 min read
Supreme Yarns Limited decided to grant a loan-letter of Rs750 million for Punjab National Bank at the board of directors meeting, yesterday.
Founded in 1996, the company is a top producer of high quality yarns in India for utilization by apparel-hosiery makers, local and global exporters. Its yarn production capacity is nearly 12,000 tons per year.
Supreme Yarns' products are marketed through the hit 'SUPREME' brand. Firm manufactures cotton yarn, acrylic yarn, worsted yarn, hand knitted yarn and mink blanket yarn, which are offered in tubes and cones.