GTN Industries has suspended the operations of yarn processing unit located at Gundlapotlapally village, Balanagar Mandal, Mahaboobnagar district in the state of Andhra Pradesh with effect from June 15, 2013. Pursuant, to the inspection of unit on May 15, 2013 by A.P. Pollution Control Board Officials and the samples analysis report of the water effluent, the company has been asked to suspend the operations with effect from June 15, 2013 alleging discharge of effluent on open lands during the processes.
Accordingly, the company has stopped the operations as per the order and shall take all necessary steps to restore the production within next 10 to 15 days after meeting the Pollution Control Norms.
GTN Industries is having vertically integrated manufacturing set-up to produce fine and superfine cotton yarns, grey knitted fabrics, gassed fabrics, organic fabrics, mercerized fabrics and life style garments. Its Double Mercerized Cotton offers a unique One Stop Shop to those looking for an operationally strong and reliable source.
| Company Name | CMP |
|---|---|
| Trident | 26.12 |
| Filatex India | 44.94 |
| Nitin Spinners | 419.70 |
| Nahar Spinning Mills | 249.20 |
| Sanathan Textiles | 427.00 |
| View more.. | |
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.
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.
MoneyWorks4Me ensures this through: