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Mohit Industries gets nod to incorporates wholly owned subsidiary

05 May 2023 Evaluate

Mohit Industries has received approval for formation of wholly owned subsidiary (WOS) Company in the name and style ‘Mohit Filaments’ or such name as may be approved by Central Registration Centre, New Delhi. The Board of Directors of the company at its meeting held on May 5, 2023, approved the same.

Proposed WOS shall be incorporated in India and shall carry out business of comprising of all or any of the activities connected with the converting of manmade or natural fibers or fibrous substances into the wearing apparels or textile products and manufacturing, Weaving, Knitting, Crimping, Texturizing, Twisting, doubling, Spinning, Ginning, Combing, Conning, Sizing, Processing in any manner, Purchasing, Selling, Importing, Exporting, distributing, acting as buying or selling agents or generally dealing in Yarns, fibers and fabrics of all kinds of whatsoever description like synthetic, cotton, wool, silk, art-silk, flax hemp, nylon, polyester, acrylic, Viscose, Polypropylene, teriene, lined, canvas and all other kinds of fibrous material and substances.

Mohit Industries is engaged in manufacturing of texturised yarn and art silk grey fabrics having manufacturing facilities at Kim and Sivassa. 

Peers
Company Name CMP
Vardhman Textiles 560.85
Welspun Living 212.00
Arvind 541.60
Raymond Lifestyle 656.20
K.P.R. Mill 1096.20
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