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Omnitex Industries (India) Ltd. Company History and Annual Growth Details

The Company was incorporated on January 30, 1987 in the State of Maharashtra.

The Company has been promoted by a team of entrepreneurs having good experience in the textile industry. Chief Promoters of the company are Dr. Mohanlal Piramal, Mr. Ashok M. Bhawnani & Mr. R. K. Shriya.

Company's factory located a Silvassa is engaged in manufacturing
texturised/twisted polyester filament yarn. The installed capacity is 408 spindles for texturising & 3608 spindles for twisting. Commercial production commenced in December 1987. The Company has also set up a new project at Daman for setting up of two Draw texturising & three TFO twisting machines. The capacity was later expanded to 864 spindles of texturised yarn and 3848 spindles of twisted yarn.

1996-97:
The Company proposes to install Two Draw Texturising Machines of 240
spindles each together with Roto attachment with a total capital outlay
of Rs. 650 lacs at its existing site at Daman. It is also thinking to
construct a RCC/ACC structure of about 12,805 sq. ft. on the existing
two story Building. The project is being financed by Term Loans from
Financial Institutions/Banks and from internal accruals.

2007

-Omnitex Industries India Ltd has appointed Mr. Deepak P Advani and Mr. Vivek M Jalanas Directors of the Company.

2008

-The Company designated exclusive e-mail id of grievance redressal division / compliance officer:[email protected]

-Omnitex Industries India Ltd has informed that Mr. Narendra M Dalmia has been appointed as additional director.

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