Yarn Syndicate Ltd. — Capital/Financing Update 2024

Oct 15, 2024

Yarn Syndicate Limited Has Secured Major Order of ₹20.48 Crore.

Date: October 15, 2024

Yarn Syndicate Limited proudly announces a remarkable achievement with the acquisition of a significant job work order in denim manufacturing, valued at ₹20.48 crores. This significant milestone was secured on October 15, 2024, highlighting the company’s strong standing and capabilities in the textile industry.

This prestigious order has been secured from four entities: M/s. PSK Denims, M/s. Sevens Food Lab, M/s. Sameep Fabrics, and M/s. Khushi Garments. Their decision to award this job work order to Yarn Syndicate Limited underscores their trust and confidence in our commitment to quality and service, further enhancing our reputation in the manufacturing sector. We are pleased to announce that this order will be fulfilled within the next three months.

This substantial job work order related to denim manufacturing represents a pivotal moment for Yarn Syndicate Limited, enabling the company to enhance its operations and optimize its processes in this sector. Our commitment to sustainability and innovative practices ensures that we not only meet but exceed the evolving expectations of our clients and the market.

"We are exhilarated to announce this major job work order, which serves as a testament to our relentless pursuit of excellence,". This order allows us to set new benchmarks in quality and innovation within the sector."

As we embark on this exciting journey, Yarn Syndicate Limited reaffirms its dedication to delivering outstanding results and contributing to the growth of the textile industry. We look forward to showcasing our craftsmanship and innovation through this significant job work order.

About Yarn Syndicate Limited

YARN SYNDICATE LIMITED, was incorporated on 23.05.1946 and commenced its business operations as dealers in all types of YARN & GARMENTS soon thereafter.

The Company became one of the pioneers to export all types of yarn, viz. cotton yarn, polyester cotton yarn, polyester viscose yarn, flax yarn, jute yarn, bamboo yarn, organic yarn etc. from India and in the more than four decades since.