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Incorporated in April 2005, Avi Ansh Textile Limited is a manufacturer and exporter of cotton yarns.
Avi Ansh Textile's promoters declared no encumbrance on their shares throughout the recent financial year. This indicates stability in promoter shareholding for investors.
Avi Ansh Textile has deployed ₹13.73 Cr of its IPO funds towards working capital out of ₹20.12 Cr allocated. It repaid ₹3.84 Cr of term loans close to its target, with ₹0.11 Cr pending due to pre-closure charges and ongoing settlement talks. The company fully used ₹0.55 Cr for corporate...
Avi Ansh Textile Limited has cancelled its corporate guarantee of ₹1792.73 lakh for Indusind Bank, following discussions that deemed it unnecessary. This decision reflects an enhancement in the company's financial flexibility and may improve its liquidity position going forward.
Avi Ansh Textile Limited has provided an update indicating that the promoters, led by Avi Jain, have not encumbered any shares during the financial year ending March 31, 2025. This disclosure, required under SEBI regulations, confirms the promoters' commitment to maintaining their shareholding structure without pledging any of their stakes....
The company is installing a 1800.10 KWP rooftop solar power plant at its mill in Dera Bassi, Punjab, in partnership with U&J Metal Systems Limited. This initiative reflects a commitment to advancing sustainability and energy efficiency within its operations. By harnessing solar energy, the company aims to reduce its carbon...