SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Sutlej Textiles acquires American Silk Mills’ DS&D business

23 Oct 2017 Evaluate

Sutlej Textiles and Industries (STIL) has acquired Design Sales and Distribution (DS&D) business and brand of American Silk Mills (ASM) LLC based at Plains, Pennsylvania. The acquisition adds strength of this leading American boutique designer and distributor of residential and contract furnishing textiles to Sutlej’s home textiles portfolio. ASM will continue to design, develop and market its products under the brand name of American Silk Mills.

These products include innovative indoor/outdoor performance fabrics, fine jacquard textiles, multiple grades and styles of velvets, the highest quality silks, and Sensuede, an eco-friendly synthetic suede noted for its durability, cleanability and long-lasting comfort.

Sutlej Textiles and Industries, 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.

Sutlej Textiles&Inds Share Price

33.97 2.09 (6.56%)
13-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Trident 25.19
Filatex India 43.84
Nitin Spinners 401.60
Nahar Spinning Mills 236.70
Sanathan Textiles 424.90
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×