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Sutlej Textiles and Industries Limited is engaged in manufacturing synthetic, natural, and blended yarns and home furnishing textiles such as curtains and made ups.
Sutlej Textiles has announced its 21st Annual General Meeting. The meeting will be held virtually via Video Conferencing and other audio-visual means.
Sutlej Textiles granted 0.17 Cr Employee Stock Options to eligible employees/directors at an exercise price of Rs. 36.73. These options vest over four years, potentially impacting future share capital and diluting earnings.
Sutlej Textiles released its Inaugural Sustainability Report for FY24-25. This key business development highlights the company's enhanced commitment to ESG, offering investors deeper insights into its environmental and social performance.
Sutlej Textiles is expanding into the high-growth Technical Textiles segment, starting with Protective Textiles for industrial safety and defense. This strategic move targets higher margins, market expansion, and leverages existing infrastructure, positioning the company for future growth.
Sutlej Textiles opened a special window allowing shareholders to dematerialize physical shares. This targets investors whose transfer requests, lodged before April 1, 2019, were previously rejected. New shares will be issued only in demat form.