Sree Satyanarayana Spinning Mills Ltd

Sree Satyanarayana Spinning Mills Ltd

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Description

We, at Sree Satyanarayana Spinning Mills Ltd., Tanuku, since 1962, focus on raw material selection, operational excellence and continual incorporation of latest machinery and technology to produce consistent high quality yarn to exceed customer expectations with its highly technical and responsive team force committed to integrity and honesty.

M/s. Sree Satyanarayana Spinning Mills Ltd. was formed as a Private Limited Company in the year 1962 by the industrialists Dr. Mullapudi Harischandra Prasad and Mr.Yalamarthi Narayana Rao Chowdary residents of TANUKU TOWN.

The Company later in the year 1964 converted into Public Limited Company and started Commercial operation from July, 1964 with an installed capacity of 5504 spindles and gradually increased its spindleage to 41,424 spindles as on date.

The Company presently being managed by a Board of Directors who has vast & rich experience in a broad spectrum of Industries. The Company has been modernized with the state of the art Machinery to produce superior quality combed cotton yarns of finer counts from 80s Ne to 170s Ne. and is looked upon as a dependable business partner by premium fabric manufactures and exporters. The Company has maintained a high and unbroken profit earning record for the last 25 years and has paid 100% dividend continuously for the past 10 years and for the year 2009-10 it has been increased to 150%.