Konark Synthetic Ltd is engaged in the Manufacturing of Yarn and Trading of Fabric with Weaving and Processing and Manufacturing of Readymade GarmentsProduct Profile: a) Yarn: Company manufacturers specialty polyester yarns, Texturized & Air-Texturized yarn in India with a production capacity of 3,000 tons per annum and exports to Turkey,...
Konark Synthetic's board has approved the financial results for the quarter ended June 30, 2025. Mr. Shonit Prakashchand Dalmia was re-appointed as Managing Director, effective August 14, 2025, pending shareholder approval. The company did not prepare consolidated results because one entity ceased being an associate, and a subsidiary is undergoing...
Konark Synthetic has completed the sale of its underutilized Silvassa property to M/s. Amar Texoweaves LLP for ₹7.00 Cr, a move approved by shareholders. This strategic divestment aims to strengthen the company's financial position by repaying existing debt, reducing finance costs, and enhancing liquidity. Notably, the unit historically associated with...
Konark Synthetic Limited has announced a certificate confirming that all share certificates received for dematerialisation during the quarter were processed—either accepted or rejected—and the corresponding securities have been listed on the stock exchanges. The physical certificates were verified, mutilated, and cancelled, with ownership updated in the register to reflect depository...
Konark Synthetic Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company reported total income from operations of ₹16.05 lakh for the quarter and ₹46.80 lakh for the year. It incurred a net loss after tax of ₹8.21 lakh for the quarter...
Konark Synthetic Limited has announced a board meeting to approve the sale of its underutilized property located in Silvassa, which contributed 98% of the company’s total income last year. The sale, expected to complete within a year, aims to generate at least ₹6 Cr. Proceeds will be used mainly to...
