manufacturing blankets and processed cloth. Incorporated in 1984 as Tirumala Textile Processors Ltd. and later changed its name to Tirumala Seung Han Textiles Ltd. until 1996, Source Industries India is based in Hyderabad.
Source Industries (India) Limited has completed its open offer, with new promoters assuming control. The board has been significantly reconstituted, appointing Mr. Sudhir Reddy Posireddy as Chairman & MD, alongside new Whole-Time and Independent Directors, following several resignations. The company approved its quarterly financial results. Major strategic proposals include changing...
Source Industries India Limited's Board has approved a major management overhaul following the successful completion of an open offer, with new promoters taking control. Mr. Sudhir Reddy Posireddy is now Chairman & MD, alongside new Whole-Time Directors Mr. Naraharisetty Mohan Krishna and Mrs. Ramreddy Swathi, and new Independent Directors. The...
Source Industries has seen a significant leadership transition following the successful open offer and takeover by new promoters, including Mr. Sudhir Reddy Posireddy. The board has undergone a major overhaul, with key directors appointed like Mr. Posireddy as Chairman & MD, alongside new Whole-Time and Independent Directors. Several previous directors...
Source Industries (India) Limited has provided a compliance update from its Registrar and Share Transfer Agent for the quarter ended June 30, 2025. This confirms that all securities received for dematerialisation during the period were processed and confirmed to the depositories accurately and within 15 days. The company's share register...
Source Industries (India) Limited has obtained its Annual Secretarial Compliance Report for the year ended March 31, 2025, confirming full adherence to applicable statutory provisions and corporate governance practices. The report by P.S. Rao & Associates highlights no instances of non-compliance, disqualification of directors, or penalties. The company has maintained...
