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.
| 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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