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Sutlej Textiles and Industries Ltd. (STIL) is one of the flagship company of a multi-business conglomerate promoted by the late Dr. K.K. Birla. The Company comprises some of the most experienced professionals, having carved out a respect for niche yarns, service, value-addition and exports.
Sutlej is one of India’s largest integrated textile manufacturing company with a presence across the value chain – from yarn to home textiles. The Company manufactures synthetic, natural and blended yarns, all types of spun yarns and home textile furnishings; the Company also processes fabrics. The Company is one of the largest manufacturers of spun-dyed yarn and value-added mélange yarn in India.
The Company’s production comprises dyed synthetic and blended yarns, cotton mélange as well as cotton blended mélange and dyed yarns, yarn from speciality fibres (modal, tencel, bamboo, coolmax, fancy yarns like siro spun, siro compact, lycra twisted, core spun, double core yarn, etc.), in single ply, double ply and multifold. The result, a one-stop solution for all spun-dyed yarns from natural or manmade fibres across any blend / shade (count range 8s- 50s).
The Company’s units are located in Rajasthan, Jammu & Kashmir, Himachal Pradesh and Gujarat. The Company’s total spinning capacity was 4,18,680 spindles at the close of 2017-18. Nearly 32 percent of the spindle age and 67 per cent of the fabric weaving machines were commissioned in the last decade, assuring high technological relevance.
Our quality conforms with IS/ISO-9001:2008 norms. We have been bestowed the respected ‘Usterised’ licence by Uster Technologies, Switzerland. We were conferred OCS-IN (Organic Content Standard), GOTS-IN (Global Organic Textiles Standard) and Oeko-Tex Standard 100 certifications.
The Company acquired American Silk Mills (ASM) in 2017-18 tostrengthen its home textiles presence in US. ASM was founded in 1896 (foothills of the Pocono mountains of Pennsylvania, USA) and is among the oldest and most established American textile brands, respected for designing, weaving and distributing innovative curtain and upholstery. The Company has demonstrated a longstanding focus on the residential, contract, transportation and specialty markets. Its products comprise innovative indoor/outdoor performance fabrics, fine jacquard textiles, multiple grades and styles of velvets, highest quality silks and Sensuede (eco-friendly synthetic suede). It offers a strategic fit around original designs based on American sensibilities, customer understanding and unique product portfolio. It is known for the manufacture of upscale fabrics in the Italian tradition of silk production.
(₹ Crore) Total Revenue
(₹ Crore) EBIDTA
₹ 2,488 Crore in 2017-18
₹ 2,285 Crore in 2016-17
(₹ Crore) ₹ 158 Crore in 2016-17
₹ 9.64 in 2016-17
The shareholders are now entitled to make nomination in favour of any person(s) in the prescribed manner to whom the shares shall vest in the unfortunate event of death of the registered holder. The joint holders may together appoint a person as nominee to whom the shares shall vest in the event of death of all the joint holders.
Where the nominee is a minor, the shareholder(s) may appoint a person to become entitled to shares in the event of death of the shareholder(s) during the minority of the nominee.
In the event of death of the registered holder(s), the nominee may elect either to be registered as the holder of the shares or to make transfer of shares as the deceased shareholder(s) could have made.
Please note that if you hold the shares in demat form, you are advised to contact your Depository Participant for nomination/change of nominee or for transmission of shares on the unfortunate death of the registered holder(s).
The procedure explained herein is applicable in case the deceased shareholder(s) has made no nomination.
If the shares are held in joint names, the surviving shareholder has to submit either the original or an attested copy of the death certificate of the deceased holder(s) along with all original certificates in respect of the shares, to enable the Company/RTA to make necessary endorsement on the share certificates.
Please send the unencashed dividend warrant(s) so that fresh warrant(s) may be issued in lieu thereof. In case, the shares are held in the sole name of the deceased holder, the legal heir/successors are required to send the certified copy of the succession certificate obtained from a competent court of law or the probate of the will executed by the deceased holder or the letter of administration, as applicable, along with an attested copy of the death certificate of the deceased holder and all original share certificates.
Please note that if the shares are held in demat form, you are advised to contact your Depository Participant for transmission of shares held by the deceased registered holder(s).
If the shareholder requires a change in the order of their name on share certificate, a request letter signed by all the Joint holder(s) in respect of the entire holding should be sent to the Company/RTA along with all original certificates. Please note that such requests do not require the execution of a transfer deeds or the payment of stamp duty.
For a change in order of name(s) in respect of part holding or addition/deletion of name(s) of one or more joint holder(s) in respective folio, the normal procedure of transfer is to be followed i.e. execution of transfer deed and payment of stamp duty.
In case the shares are held in demat form, you are advised to contact your Depository Participant for transposition of the holding.
In case of loss of original certificates, please arrange to send the following documents:
Your request for change of name as appearing in the records of the Company should be accompanied by the following documents:
-- A certified copy of notification in Official Gazette or a Newspaper.
-- An affidavit on a stamp paper of appropriate value duly notarised.
-- The new specimen signature duly attested by the managerof your bank.
-- A certified copy of the new Certificate of Incorporation issued by the Registrar of Companies consequent upon change of name.
-- A certified copy of Marriage Certificate/Divorce Decree.
-- New specimen signature duly attested by the Manager of your bank.
-- In case you hold the shares in demat form, you are advised to contact your Depository Participant in case of any change in your name.
For change of address, you should send a written request signed by the shareholder(s) quoting folio number. Kindly ensure that your signature appearing in such request matches with the specimen signature recorded with us.
In case you hold the shares in demat form, you are advised to inform your Depository Participant of any change in your address.
You are advised to furnish the details regarding the bank's name, branch address and the account number, if not already given, to enable us to incorporate the same in your dividend warrant. This protects you from the risk of fraudulent Interception/encashment of warrant.
In case of any change in your existing bank mandate, immediately intimate us about it in writing under your signature, quoting folio number, giving details of your new bank's name, branch address and the account number.
Please ensure that your signature appearing on such requests matches as with the specimen signature recorded with us.
In case you hold the shares in demat form, you are advised to inform your Depository Participant for any change in your bank mandate.
The Company has paid a dividend @ 40% on equity shares for the financial year ended 31st March, 2006.
In case you have not received your dividend for the said year or for any of the previous financial year(s), please intimate us of the same quoting your Folio Number or Client ID and DP ID number, in case the shares are held in demat form.
Link Intime India Private Limited,
C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg,
Vikhroli (West), Mumbai 400083.
Fax : +91-22-49186060
Mr. Bipeen Valame, CFO and Wholetime Director
Sutlej Textiles and Industries Limited,
601, E- Wing, Lotus Corporate Park,
185/A, Graham Firth Steel Compound,
Near Jaycoach, Goregaon East,Mumbai - 400063.
Tel No. 022 - 42198800
E-mail ID - firstname.lastname@example.org
Postal Ballot 2016-2017