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Mohit Industries raises Rs 22.42 crore for expansion of textile Division

03 Dec 2015 Evaluate

Mohit Industries has availed a sanction of Term Loan of Rs 18.42 crore and Cash credit facility of Rs 3 crore along with Bill discounting under LC of Rs 1 crore for expansion of textile Division from Shamrao Vithal Co-operative Bank. The company has already acquired land for the said expansion. This term loan will be utilized for putting up 8 Texturising machines in a new building at its existing unit located at Kim.

Mohit Industries is one of the top notch manufacturers of fabrics & texturised yarn in the nation. It has recently diversified into the construction materials industry in adherence to its long term vision and goals.

Mohit Industries Share Price

24.00 0.11 (0.46%)
20-Apr-2026 15:07 View Price Chart
Peers
Company Name CMP
Welspun Living 127.80
Vardhman Textiles 550.15
Arvind 384.65
K.P.R. Mill 926.25
Page Industries 38350.00
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