Sutlej Textiles and Industries (STIL) has received an approval to raise funds up to Rs 500 crore by way of borrowing for long term working capital requirements and growth plan. The board of directors at its meeting held on May 18, 2017 had approved for the same.
STIL, an ISO 9001:2008 certified Company is one of the largest integrated textile manufacturing companies and is having strong position in the Indian Textile sector in the manufacturing of value added synthetic, Natural and Blended yarns, all types of spun yarns, processing of fabrics and Home Textile Furnishing.