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Incorporated in 2003, Swaraj Suiting Ltd does production of grey and finished fabric which are used into home textiles, bottom wears etc.
Swaraj Suiting shares will soon trade on the NSE Mainboard, transitioning from the SME Emerge platform. This move enhances market visibility and potential liquidity for the company's equity shares.
Swaraj Suiting's Q1FY27: Revenue surged 139% to 183.37 Cr, Net Profit 100% to 16.22 Cr. New capacity for Q1FY28. Bagged significant govt incentives for current (170-180 Cr) and 420 Cr expansion (220-240 Cr) projects. Also moving to Main Board.
Swaraj Suiting received Rs. 20.50 Cr today from government incentive schemes. Total subsidies received in the last two months now stand at Rs. 27.54 Cr, boosting the company's cash flow significantly.
Swaraj Suiting secured in-principle approval from NSE for migrating its equity shares from the SME Platform to the Main Board. This major business development, following BSE's earlier nod, enhances liquidity and investor reach.
Swaraj Suiting received in-principle approval from BSE for migrating its shares from the SME Platform to the Main Board. This move enhances visibility and liquidity. Approval from NSE is currently awaited.