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Sequel e-Routers Ltd. Company History and Annual Growth Details

The company was incorporated as a Private Limited Company
on 15th June, 1992 with Registrar of Companies, Gujarat at
Ahmedabad and was converted into Perfect Weavers Limited, a
public limited Company on 8th September, 1993. The Company
has an existing unit at Kalol, Gujarat, engaged in the
manufacture & export of 100% cotton fabrics made from dyed
& grey yarn. The unit started commercial production from
September, 1992.

Initially, to establish itself in the market, the company
was doing job work (weaving) for M/s Bharat Vijay Mills
Limited, a well known established Textile Mill in
Ahmedabad, However, the Company has not entered into any
agreement with Bharat Vijay Mills Ltd. for doing the job
work. The margin of profit was low and at the same time it
could not utilise its optimum capacity. However, in 1993-94
the Company improved its capacity utilisation and also
started exporting part of its fabrics through merchant
exporters, after getting it processed at Bharat Vijay Mills
Limited, where realisations were better. Encouraged by the
response to the quality of their fabrics, the Company
decided to expand its weaving capacity from 11.40 lac
meters per annum to 39.89 lac meters per annum by
installing machineries for Weaving & Yarn Dyeing facility.

- had signed an agreement with A. P. based company for B.P.O. work.
Oct 21, 12:00 am
Oct 21, 4:14 pm
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