Updates
Sumeet Industries Ltd has informed BSE that the Company has successfully commissioned 3500 TPA Capet Yarn manufacturing plant and commercial production of the same has started. This is a valued added product and add an additional revenue of Rs. 75.00 Crores in the top line of the Company. The Company will export 90% of the production of carpet yarns to overseas buyers and also add a substantial amount of profit in its total earnings. The Company... Financial Results for March 31, 2015 (Standalone) (Audited)
Sumeet Industries Ltd has informed BSE about the Standalone Financial Results for the period ended March 31, 2015. Outcome of Board Meeting
Sumeet Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 24, 2015, has taken on place the following business:- The Board of Directors of the Company discussed and evaluated the proposal of setting up Coal based Captive Power Plant and decided to set up 15 MW Power Plant with project cost of Rs. 75.00 Crores using both domestic and imported coal as fuel.... Shareholding Pattern For March 31, 2015
Sumeet Industries Ltd has informed BSE about the Shareholding Pattern as on March 31, 2015. Board Meeting on April 24, 2015
Sumeet Industries Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on April 24, 2015, inter alia, to consider the following:- To consider and decide on the proposal of setting up Coal based Captive Power Plant to further reducing power cost. Updates
Sumeet Industries Ltd has informed BSE that the Company is going to modify 4 (four) position of its existing FDY Line for Manufacturing Colour FDY Yarns with project cost of Rs. 10.00 Crores .Colour FDY Yarns will be further processed on 30 Nos. of TFO Machineries which is going to be installed for plying and Twisting the yarns. Twisted & Heat set Yarns will finally be used in manufacturing carpets. Disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992
Sumeet Industries Ltd has submitted the disclosures under Reg.13(6) of SEBI (Prohibition of Insider Trading) Regulations, 1992 Updates
Sumeet Industries Ltd has informed BSE that the Company is going to setup 10.5 MW (5 nos. of Turbine of 2.1 MW each) Wind Power Plant at a Capital Cost of Rs. 77.51 Crores and for the said project IDBI Bank Ltd. has sanctioned Rs. 57.75 Crores. This Power plant will be operational with in six months. The Company's profitability will improve further due to low cost of energy. Not only that, after completion of six years from this project, the Company... Limited Review for Dec 31, 2014
Sumeet Industries Ltd has submitted to BSE a Copy of the Limited Review Report for the period ended December 31, 2014.