The Comp. was incorporated on 24th March, 1992, as a public limited Comp. under the Companies Act, 1956 at Hyderabad in the state of Andhra Pradesh. The Certificate of commencement of Business was obtained on 2.4.92.
The Comp. is currently implementing the project to manufacture Terry Towels for Export/indigenous maket. The Comp. is promoted by Sri S S Agarwal, Sri S K Agarwal, Smt. Roop Rekha Agarwal & four others.
Sri S S Agarwal is the Chairman of Board Sri S K Agarwal is the Managing Director of Board Sri S K Agarwal is the Managing Director of Company.
The plant & machinery is expected to arrive at the site by September 1992 & installed by end of October 1992.