Garg Acrylics Limited is a Public Limited Company incorporated in India.The Company is engaged in the manufacturing of Synthetic & Cotton Yarn and readymade garments. Garg International is a partnership firm formed under the Indian Partnership Act, 1932. The firm is engaged in trading of textile products (the Subsidiary) both collectively referred as “The Group”. Garg Group, founded in 1999 as a manufacturer of worsted yarn and hosiery, has developed into the largest textile company in northern India, producing yarn, woven fabric, and knitwear with a solid reputation and level of acceptance in the market.
| Garg Acrylics Outstanding Shares: | 66,42,800 |
| Face Value of Garg Acrylics Unquoted Share: | Rs. 10 Per Equity Share |
| ISIN of Garg Acrylics Unquoted Share: | INE244E01018 |
| Lot Size of Garg Acrylics Unquoted Share: | 100 Shares |
| Garg Acrylics Share Price: | Best in Industry |
| PAN Number of Garg Acrylics: | AAACG3332N |
Garg Acrylics CIN Number |
L74999DL1983PLC017001 |
|
Garg Acrylics Registration Date |
22 November 1983 |
|
Category / Sub-Category of Garg Acrylics |
Company Limited By Shares/ Indian Non Government Company |
|
Garg Acrylics Registered Office Address |
A-50/1 Wazirpur, Industrial Area, Delhi-52 |
|
Garg Acrylics Registrar & Transfer Agent Address & Contact Details |
M/S Skyline Financial Services Pvt. Ltd. D-153A, First Floor, Okhla Industrial Area, Phase-1, New Delhi-110020. |
|
Sanjiv Garg, Chairman, Mg. Director
Rajiv Garg, Managing Director
Ujjwal Garg, Whole Time Director
Pardeep Makkar, Independent Director
Sanjay Sahni, Independent Director
Avnish Dhingra, Independent Director
Misha Nayar, Independent Director
|
S. No. |
Name and Description of main products/services |
NIC Code of the product/service* |
% to the total turnover of the Company |
|
1. |
Cotton Yarn |
5205 |
47.59% |
|
2. |
Blended Yarn |
5509 ; 5206 |
25.49% |
|
S. No. |
Name of the Company |
Subsidiary |
% of shares held |
|
1. |
Garg International |
Subsidiary |
95% |
|
S. No. |
Shareholder’s Name |
No. of Shares |
% of total Shares of the company |
|
1. |
Promoter Group |
37,39,280 |
56.29% |
|
2. |
Public Shareholding |
29,03,520 |
43.71% |
|
|
Total |
66,42,800 |
100% |
India’s textiles sector is one of the oldest industries in the Indian economy, dating back to several centuries. The textile industry in India traditionally, after agriculture, is the only industry that has generated huge employment for both skilled and unskilled labour. The textile industry continues to be the second-largest employment generating sector in India. India's textiles industry has around 4.5 crore employed workers including 35.22 lakh handloom workers across the country. The industry is extremely varied, with hand-spun and hand-woven textiles sectors at one end of the spectrum, with the capital-intensive sophisticated mills sector at the other end. The decentralised power looms/ hosiery and knitting sector form the largest component of the textiles sector. The close linkage of textiles industry to agriculture (for raw materials such as cotton) and the ancient culture and traditions of the country in terms of textiles makes it unique in comparison to other industries in the country. India’s textiles industry has a capacity to produce a wide variety of products suitable for different market segments, both within India and across the world.
