BSE: 503897 | NSE: ARIHANTIND | Textile - Weaving |
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|All Time Low / High (₹)||0.20 / 65.00|
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Arihant Industries was incorporated in 1977. Earlier known as Arihant Fabrics, it went public in 1995, and got its present name on March 31, 1995. The registered office of the company is located at B-35, Phase V, Focal Point, Ludhiana-141010, and Punjab.
Business of the company:
The company is engaged in the business of textiles. The company has production facilities for wool combing, worsted synthetic, cotton spinning, value-added texturized and twisted polyester filament yarn, manufacture finished cloth and processing of fabrics. The worsted-spinning unit is located at Sikandrabad in Uttar Pradesh, texturized polyester filament with twisting and weaving facilities and a processing unit at Ludhiana and a spinning unit at Baddi in Himachal Pradesh.
Arihant Cotsyn is a joint venture promoted by the company along with Punjab State Industrial Development Corporation and Arihant Threads, a joint venture between Airhant Cotsyn and the company with Punjab State Industrial Development Corporation.
Companyâ€™s fabrics are marketed under the brand Oswal Premium Suiting & Shirting, and the company is a recognized export house. The company's scrips have been suspended from the BSE on account of non compliance with listing agreement clauses