Aditya Spinners Ltd (ASL) is one of the leading, renowned and recognized Textile Mills in creating, developing and manufacturing of products right from basic to variety of high quality yarn thus responding to emerging trends in the spinning industry and supplying yarn to domestic and International market. ASL in the Textiles Spinning Synthetic Blended sector. The Company was incorporated in 1991. The mill, located at Perindesam (Chittoor district), Andhra Pradesh, has an installed capacity of 15,360 ring spindles to produce polyester / viscose blended yarn. The licensed capacity of the company is 25,000 spindles. ASL added 6710 more spindles to its capacity at its existing plant. In 1995, it spent Rs 14.53 cr to this effect.
The company started exports in 1995-96 and to promote this ac ...tivity it is now going in for the ISO 9000 accreditation. ASL has secured an export order for the supply of polyester and viscose blends to France. It has entered into a long-term tie-up with Lodovico Rossini, Italy, for the export of two large containers valued at Rs 50 lac. The export market is steadily improving and the company is getting good orders with better realisation and hopes to do better in the export market.
The company has submitted a revival proposal to IDBI which includes financial restructuring, expansion, modernisation and line balancing. IDBI referred the proposal to an independent Textile Expert for conduction a techno-economic viability study. On their recommendation and also on their own appraisal, IDBI has prepared a package which includes waiver of about Rs 21 crore, conversion of Rs 8 crore in the equity and reschedulement of Rs 11 crore to be payable during 2011 and 2012 without interest out of the interest overdues of Rs 39 crore. Along with the restructruing package, IDBI has also approved modernisation, expansion and line balancing proposal which would cost around rs 13.16 crore.
1. Can I buy Aditya Spinners Ltd from PL Capital? ›
Yes, you can invest in Aditya Spinners Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Aditya Spinners Ltd stock along with other leading companies listed on the NSE and BSE. Simply open a Demat and trading account with PL Capital, and you’ll be able to trade Aditya Spinners Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Aditya Spinners Ltd pay dividends? ›
Aditya Spinners Ltd does not currently pay dividends. Investors in this case primarily benefit from capital appreciation, where the value of the stock may rise over time depending on business growth and market conditions.
3. What is the current share price of Aditya Spinners Ltd ? ›
As of
04-11-2025 the share price for Aditya Spinners Ltd. is 20.37 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Aditya Spinners Ltd ? ›
The 52-week high and low of Aditya Spinners Ltd share price is ₹ 19 - ₹ 33.5 as of
04-11-2025 .
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