Mills Details

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.

 
Updated upto 31/01/2012