The Management of Sanathan Textiles Limited is pleased to announce a significant milestone in the Company's growth journey with the commencement of commercial production at its state-of-the-art manufacturing facility in Wazirabad, Punjab.
Phase 1 has been commissioned today with the Continuous Polymerisation (CP) line, marking the first step in the Company's geographical expansion. The facility has commenced production at 350 tonnes per day, which is expected to gradually ramp up to 700 tonnes per day, in the next 3-4 months.
After implementation of Phase 2, the Punjab facility will contribute 950 tonnes per day, enhancing Sanathan Textiles' total installed yarn- manufacturing capacity from 2,23,750 MTPA at Silvassa to 5,70,500 MTPA across both locations.
While both plants are targeted to operate at optimal utilisation, their commercial focus will be strategically differentiated:
- Punjab will prioritise building a strong local ecosystem and focus on green manufacturing practices, primarily catering to North India's textile market.
- Silvassa, with its proximity to India's western ports, will focus on meeting both domestic and export demand, thereby strengthening the Company's global footprint.
The Board and Management extend their sincere appreciation to all stakeholders, employees, investors, and partners for their continued trust and support. With this milestone, Sanathan Textiles reaffirms its commitment to timely execution, operational agility, and long-term value creation for all its stakeholders.
Shares of Sanathan Textiles Limited was last trading in BSE at Rs. 502.25 as compared to the previous close of Rs. 505.05. The total number of shares traded during the day was 824 in over 85 trades.
The stock hit an intraday high of Rs. 505.00 and intraday low of 495.85. The net turnover during the day was Rs. 412491.00.