Home / Knowledge / News / Textiles / Banswara Syntex to modernize its spinning division

Banswara Syntex to modernize its spinning division

28
Apr '10
Banswara Syntex Ltd has informed that the Board of Directors of the Company at its meeting held on April 27, 2010, inter alia, has approved the following:

1. Increase in Authorised Share Capital of the Company from Rs. 25 crores to Rs. 50 crores.

2. Conversion of 16,50,000 warrants (issued on preferential basis) into equal number of equity shares.

3. Premature Redemption of 173000 Redeemable Preferential shares.

4. Expansion of Weaving, Processing and Garmenting capacities and also modernization of its spinning division with a total estimated CAPEX Rs. 40 crores.

Banswara Syntex Limited (BSL) is a vertically integrated textile mill manufacturing man-made synthetic blended Yarn, wool and wool mixed yarn, all type of Fabrics, Jacquard Furnishing Fabrics, besides production of Readymade Garments and Made-up's.

Banswara Syntex Ltd


Must ReadView All

Pic: Shutterstock

Textiles | On 14th May 2021

European Commission upgrades EU growth outlook for 2021 & 2022

In its Spring 2021 Economic Forecast, the European Commission has...

Pic: Shutterstock

Textiles | On 14th May 2021

Global 2021-22 cotton consumption highest in 4 years: USDA

Record global cotton supply will drive higher consumption as recovery ...

Pic: Walmart

Retail | On 14th May 2021

Walmart to acquire virtual fitting room platform Zeekit

US retail giant Walmart is acquiring Zeekit, a female-founded,...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Opportunity now to reimagine processes & systems in a digital environment

Textile Industry, Head honchos

Textile Industry
Head honchos

Great step towards realising end goal of 'AtmaNirbhar Bharat'

Textile Industry, Head honchos

Textile Industry
Head honchos

Fashion tech has to be lean and very productive

David Guiho,

David Guiho

Headquartered in Apt, South of France, Delta Plus designs, manufactures...

Chini Chouhan,

Chini Chouhan

Founded by Chini Chouhan, her eponymous brand specialises in women's...

Nantas Montonati,

Nantas Montonati

The Riri Group is a one-stop supplier of metal accessories for the luxury...

Sanjay Raut, Garware Technical Fibres Ltd

Sanjay Raut
Garware Technical Fibres Ltd

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Jacques Prigneaux, EDANA

Jacques Prigneaux
EDANA

EDANA has been the leading global association and voice of the nonwovens...

Tiasha Renganathan, Twinery Innovations by MAS

Tiasha Renganathan
Twinery Innovations by MAS

Twinery-Innovations by MAS is the innovation arm of Sri Lankan company MAS ...

Abhishek Bajaj & Samiksha Bajaj, Samshek

Abhishek Bajaj & Samiksha Bajaj
Samshek

Samshek is a fashion forward tech brand which combines digital experience...

Archana Jaju, Label Archana Jaju

Archana Jaju
Label Archana Jaju

<b>Archana Jaju</b>’s Hyderabad-based eponymous label works with artisans...

Megha Kumari & Jigar Mali, Label Megha & Jigar

Megha Kumari & Jigar Mali
Label Megha & Jigar

New Delhi based label Megha &amp; Jigar blends India's unique handcrafts...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search