December 24, 2010

Kesoram Textile Mills Limited

new post
August 14, 2017

Kesoram Textiles-2016-17 Results

old /original post

Kesoram Textile Mills Limited was demerged about 11 years ago from the bluechip company Kesoram Industries Limited for taking over the troubled textile manufacturing business .Shareholders of Kesoram Industries Limited were allotted ( free ) shares of Kesoram Textile Mills Limited

It belongs to the renowned to the Basant Kumar Birla group which owns other textile gems like Century , Century Enka ,   etc. BK Birla is grandfather of Kumar Mangalam Birla of Grasim and Aditya Birla Nuvo ( which has textile units too )

Chairman : Surendra Kumar Birla
Jayant Sogani
RN Tibrewal

Registered Office And Factory :

42 , Garden Reach Road ,
Kolkata - 700024

Tel 033- 24893472 ;2469-7825 / 1106
Fax : 24696788
email :


MCS Limited

ISIN : INE 880A01017

Financial s as on 31-03-2009

Share Capital : Rs. 10 cr
Face Value : Rs. 2
Carried Forward Losses ( 2009 ) Rs,22 cr. 32 lakh
Loans ( 2009  ): Rs.9 cr 57 lakh
In the year 2008-09 turnover was only Rs. 60 lakh ( Net loss Rs.22 lakh ) as Mills were closed due to Labour problems.

But BIFR has held that Kesoram Textile Mills Limited is not a sick company within the meaning of Section 3 ( 1 ) ( 0 )

Kesoram Textile Mills on very valuable land has installed capacity of

1306 Looms
72,596 spindles

Textile industry in general  is  doing much better now.

Kesoram Textile Mills belong to the renowned BK Birla Group and may pass onto Kumar Mangalam Birla Group. Some form of restructuring including mergers can take place. So a long term-view of this share can be taken although nothing-spectacular for the present.

Listed : Only at Calcutta Stock Exchange
Status : Appear to be Illiquid
No. of Shareholders :( 2009 ) ; around 1,18,400


General Warning : Investment in shares can be injurious to your WEALTH.

Caution :The blog writer has personal/ family members' holdings in this company ,so please make suitable "provisions " for likely over optimism .

( All comments / facts given in good faith. Please recheck all points before taking any investment decision. No responsibility with this blog / writer )


Unknown said...

Hi we have shares of Kesoram Textile Mills Ltd. If anyone has any interest to but them please let us know.

Dariya said...

Really best information ! useful to everyone thanks for sharing may you check to our blog
Century Textiles & Industries Ltd

RAJESH RAO said...

What to do with Kesoram Textile mills shares. It's in physical. Received letter to do kyc

Ashwani Kumar Aggarwal said...

Rao Sir You may first convert these in to Demat. Then please see what dealers of Rare Indian Shares give you and take a decision to either keep holding or sell

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