JJ Exporters shuts down operations at Bangalore unit

18 May 2013

JJ Exporters has closed its operations at Bangalore with the effect from April 01, 2013 due to poor market condition and is in the process of disposing off the assets of the said units.  The company had also approached its term and working capital lenders for restructuring of various loans in view of un-favourable market conditions and poor working results.

JJ Exporters is one of the few silk companies in the organized sector with integrated in-house manufacturing facilities for weaving, embroideries and made ups.

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Company Name CMP
Raymond 262.00
Siyaram Silk Mills 134.30
Aarvee Denims & Exp. 11.87
KG Denim 21.70
BSL 23.60
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SEBI Registered: Investment Adviser - INA000013323
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