Suryalakshmi Cotton Mills has received an in-principle approval for merger of Suryakiran International, its subsidiary company with itself with April 01, 2013 as the appointed date. The board at its meeting held on February 02, 2013 has approved for the same.
Further the board constituted a committee of directors consisting majority of Independent Directors to approve the documents relating to implementation of the merger till its completion and to decide on all matters relating to merger in the best interests of the company.
Suryalakshmi Cotton Mills has over 300 different varieties of denim to offer. Other than the basics, the product range can be broadly classified into Silky, Streaky, Ring, Cross hatch, Blends, Stretch, SL magic, Trends and last but not the least a wide range in Shirting denim fabrics.
| Company Name | CMP |
|---|---|
| Welspun Living | 125.45 |
| Vardhman Textiles | 557.75 |
| Arvind | 387.20 |
| K.P.R. Mill | 926.40 |
| Page Industries | 37935.70 |
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