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History of Nutech Global Ltd.

The Comp. was incorporated on the 8th June: 1984 as a Private Limited Comp. with the Registrar of Companies, Rajasthan, Jaipur, under the name & style of 'NUTECH SPINNING PVT. LTD. The Comp. was converted into Public Limited Comp. on 15th December 1994 & the name of the company was changed to NUTECH SPINNING LlMITED. The Comp. has been engaged in the manufacturing of synthetic suitings and shirtings at E-149, RIICO lndustrial Area, Udaipur Road, Bhilwara [Raj.s] with an installed capacity of 11.51 lacs meters per annum on [its existing 40 looms.

The increase in capacity is effectively projected with the help of following table :

Year Type of Installed Finance Commencement Machinery Capacity of of [metres in Commercial lacss] Production

Original 1988 16 Ruti'B 5.15 Promoters 28.2.88 Set up Suiting Looms Contribution & Term loan from RFC

1st Expansion 1993 8 Ruti'B 3.09 Internal 1.5.93 Shirting Looms Accruals

IInd Expansion 1994 16 CIIMCO 3.27 Internal 1.1.94 Accruals and Term Loan from RFC

The Comp. is going to expand it capacity by installing 16 Nos. Laxmi Ruti high speed looms at its existing site which will enhance the installed capacity by 6.44 lac meters per annum. The total installed capacity will be 17.95 lac meters per annum. The Comp. is marketing it products under trade name 'PRIDE'. The Comp. has a very good network of 200 Agents dealers & 8000 retail outlets throughout the country. The Comp. is marketing more than it existing production capacity by getting additional production on job basis from local market.