Ludlow Jute & Specialities Limited was initially founded in 1921 in the name of 'Ludlow Jute Mills Limited' by the Ludlow Corp. of Ludlow, Massachusetts, United States. In 1977, it was acquired by the Kanoria family and engaged in development of jute products and the jute industry in India. The Company, formerly incorporated as 'Aekta Limited' was a wholly-owned subsidiary of Kanoria Chemicals & Industries Limited. The name of the Company was changed from 'Aekta Limited' to 'Ludlow Jute & Specialities Limited on May 22, 2008.
The Company, which has remained in the forefront of product innovation and technological breakthroughs was built by Ludlow Corp. of the U.S.A on the bank of the river Hooghly at Chengail in Howrah district of West Bengal.
Ludlow has developed products like Jute Mesh/Scrim for Roofing Felt, Agriculture, Horticulture and Webbing for Furniture Industry, Rubber Bonded jute cloth for Landscaping, special fabrics for Furnishing and Apparel, Soil Saver known as Geo-textile and Carpet-backing Cloth.
The Company established in December, 1979 is into manufacture of jute yarn, webbing, geo-textile poly-jute bags, hessian, etc. The Company, which commenced activities in Jan 1980 got transferred the Ludlow Jute mill from Kanoria Chemcials & Inds Ltd(KCIL). The Ludlow Jute Mill set up under American ownership in 1921 was acquired by KCIL ion 1977. The company upgraded Ludlow Jute Mill through various modernisation schemes sanctioned by financial instituti ...ons. The first phase was completed in Jun.'92 and the second in 1993-94. The cotton yarn unit at Gurgaon, Haryana, has 17,020 spindles and 576 rotors.
Aekta strengthened its technological base through modernisation and introduction of new products. It invested in specialised equipment, including circular looms, automatic looms, new-technology spinning frames and other specialised equipment.
The company as part of its restructuring plant has transferred 'Sijberia Division' to its wholly owned subsidiary Ludlow Securities Ltd operative from Oct 10, 2003.
The Scheme of Arrangement between the Company and its 100% subsidiary, Ludlow Securities Limited became effective from 01.04.2002. Further, in terms of the Scheme of Arrangement, the Shareholders of the Company were allotted shares of M/s. Sijberia Industries Limited in the ratio of 1:10. As a result, Ludlow Securities Limited the name of which changed to Sijberia Industries Limited ceased to be a subsidiary of Company with effect from 8th March, 2004.
The management of the Company has been making adequate investment in modernization and installation of specialized equipment, but it has heralded the introduction of a number of value-added products as the blending of jute with other natural/manmade fibres. Ludlow has developed products like Jute Mesh/Scrim for Roofing Felt, Agriculture, Horticulture and Webbing for Furniture Industry, Rubber Bonded jute cloth for Landscaping, special fabrics for Furnishing and Apparel, Soil Saver known as Geo-textile and Carpet-backing Cloth.
FAQs on Ludlow Jute & Specialities Ltd
1. Can I buy Ludlow Jute & Specialities Ltd from PL Capital? ›
Yes, you can invest in Ludlow Jute & Specialities Ltd shares directly through PL Capital. Our platform provides a seamless and secure way to buy, hold, and track Ludlow Jute & Specialities 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 Ludlow Jute & Specialities Ltd as well as diversify your portfolio across equities, mutual funds, IPOs, and more.
2. Does Ludlow Jute & Specialities Ltd pay dividends? ›
Ludlow Jute & Specialities 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 Ludlow Jute & Specialities Ltd ? ›
As of
05-Feb-2026 , 16:01:56 the share price for Ludlow Jute & Specialities Ltd. is ₹ 240.05 on the NSE (Note: Prices are dynamic and update frequently during market hours).
4. What is the 52-week high and low of Ludlow Jute & Specialities Ltd ? ›
The 52-week high and low of Ludlow Jute & Specialities Ltd share price is ₹ 162.15 - ₹ 555 as of
05-Feb-2026 , 16:01:56 .
