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K G Denim Ltd Company background
Founded in: 1992
Managing director: B Sriramulu
Incorporated as a public limited company in Jun.92, K G Denim Limited (KGDL) is a leading manufacturer of denim fabrics, apparel fabrics, home textiles and apparel (garments). The Company was promoted by K G Naidu and Kannapiran Mills to set up a unit to manufacture denim fabric with an installed capacity of 10.5 mln mtr pa at Jadayam Palayam in Tamil Nadu. The Company started commercial production in Jan.94. It supplies denim fabric to major indigenous manufacturers like Levis, Lee, Proline and Park Avenue. It expanded the captive ring and openend spinning plants, a cogeneration power plant at a cost of Rs.165 crores. It launched its brand of jeans under Trigger marketed as nonsense jeans which is available in Karnataka, Tamilnadu and Maharashtra.In 199697, the Company set up a 100% EOU and increased the capacity upto 19 million meters per annum and resulting to this the project was commissioned in 1997.
K G Denim Ltd FAQs
How has K G Denim Ltd [KGDENIM] shares performed in the past ?
The past 1-year return of K G Denim Ltd [KGDENIM] share was -3.39. The K G Denim Ltd [KGDENIM] share hit a 1-year low of Rs. 23.7 and a 1-year high of Rs. 41.9.
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