01 Aug, EOD - Indian

SENSEX 80599.91 (-0.72)

Nifty IT 34649.6 (-1.85)

Nifty Midcap 100 56637.15 (-1.33)

Nifty Next 50 66192.8 (-1.35)

Nifty Pharma 22011.7 (-3.33)

Nifty Bank 55617.6 (-0.62)

Nifty Smallcap 100 17668.2 (-1.66)

Nifty 50 24565.35 (-0.82)

01 Aug, EOD - Global

NIKKEI 225 40799.6 (-0.66)

HANG SENG 24507.81 (-1.07)

S&P 6276.5 (-1.72)

LOGIN HERE

flag

You are Here : Home > Markets > CompanyInformation > Company Background
BSE Code : | NSE Symbol : | ISIN : | Industry : |


Company History

Promoted by the Uniworth group, controlled by the NRI Lohias, Fabworth (India), now renamed Uniworth Textiles Ltd (UTL) has set up a 100% EOU for weaving woollen / worsted / blended fabrics and also a finishing unit. In Mar.'94, UTL came out with a public issue to part-finance the project. While the weaving unit (54 looms) commenced operations in May'93, the finishing unit was commissioned in Apr.'94.

Around 75% of UTL's production is exported, marketed by a group concern, Uniworth International, through its global marketing network. The introduction of the Uniworth Collection of international quality fine suitings in the niche domestic consumer segment has created a significant impact. In 1993-94, UTL earned the distinction of being the third-largest exporter in the woollen / worsted fabric sector. It is raising the weaving capacity of the Raipur plant from 3.9 mln mtr to 6 mln mtr by adding 27 looms.

In 1994-95 the company was awarded the Certificate of merit for growth by WWEPC.

UTL plans to penetrate countries in UAE, GIS and Latin America and also tie up with various international designer and apparel manufacturer for diversifying into high quality fabrics.

The company is planning to develop Siro Spun Yarn Dyed Fabric.

Capital Market Publishers India Pvt. Ltd

401, Swastik Chambers, Sion Trombay Road, Chembur, Mumbai - 400 071, India.

Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies. Latest technologies and standards are constantly being adopted to keep the database user-friendly, comprehensive and up-to-date.

Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements.

While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance.

Copyright @ Capital Market Publishers India Pvt.Ltd

Designed, Developed and maintained by CMOTS Infotech (ISO 9001:2015 Certified)

Site best viewed in Internet Explorer Edge ,   Google Chrome 115.0.5790.111 + ,   Mozilla Firefox 115.0.3 + ,   Opera 30.0+, Safari 16.4.1 +