Victoria Mills has received approval for the merger of wholly owned subsidiary -- Victoria Land with itself. The main objectives for the merger is to reduce costs from more focused operational efforts, rationalization, standardization and simplification of business processes. The Board of Directors of the Company at its meeting held on November 08, 2019 has approved the same.
Victoria Mills is engaged in the manufacture and sale of cloth, yarn and cotton waste. The company is equipped to perform printing, bleaching, dyeing, calendering, mercerising, yarn dyeing and sanforising operations.
