Name of the Mill |
Year of Establishment
|
Year of transfer to MSTC
|
Closure Date |
Unit Mills : |
|
|
|
Empress Mills, Nagpur (EMN) |
1894 |
1986 |
15/10/2002 |
Narsinggirji Mills, Solapur (NGM) |
1898 |
1976 |
01/07/2002 |
Shree Shahu Chhatrapati Mills,
Kolhapur (SSCM) |
1906 |
1976 |
31/08/2003 |
Vijay Mills, Badnera (VMB) |
1882 |
1974 |
12/08/2001 |
Western India Mills, Mumbai (WIM) |
1881 |
1977 |
01/06/2002 |
Subsidiary Companies : |
|
|
|
Devagiri Textile Mills, Aurangabad (DTM) |
1980 |
1980 |
01/06/2002 |
Kalameshwar Textile Mills, Kalameshwar
(KTM) |
1984 |
1984 |
31/03/2003 |
Pratap Mills, Amalner (PMA) |
1906 |
1972 |
30/09/2001 |
Pulgaon Cotton Mills, Pulgaon (PCM) |
1889 |
1976 |
31/08/2003 |
Except Devagiri Textile Mills (DTM) & Kalameshwar Textile Mills (KTM), other mills referred above were in liquidation and were handed over to MSTC Ltd. DTM & KTM were started as “New Mills” in the backward area of Marathwada & Vidharbha to provide employment in the rural areas.
Out of the above mills, DTM, KTM & PCM have been sold on 100% Equity Shares basis. PCM at Pulgaon has been sold with the condition that the purchaser has to restart the new mill. Accordingly, the purchaser has restarted the new mill. KTM is also being run by M/s KSL& Industries.
|