Mohota Industries Limited
MOHOTAIND.NS
National Stock Exchange of India4.60
INR
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Mohota Industries Limited
MOHOTAIND.NS
(National Stock Exchange of India)
Recent
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4.60
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div
yld
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ROIC.AI
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- Business
- Mohota Industries Limited is an Indian textile company primarily engaged in the manufacturing and sale of yarns and fabrics. Its product portfolio includes synthetic, cotton, and polycotton ring spun yarns; cotton fabrics; and allied textile products. Founded in 1946 and headquartered in Hinganghat, Maharashtra, Mohota Industries serves the domestic textile industry with a focus on fabric and yarn production. The company operates primarily within India. Recent major changes include the approval and implementation of a Corporate Insolvency Resolution Process (CIRP) sanctioned by the National Company Law Tribunal (NCLT) in 2023, reflecting significant financial restructuring efforts. The company has also experienced operational disruptions due to power supply issues from the Maharashtra State Electricity Distribution Company. Its stock has been temporarily suspended, and as of 2024, Mohota Industries was delisted following the NCLT-approved resolution plan. These developments represent important strategic and operational shifts in the company's recent history. Mohota Industries continues to concentrate on expanding and optimizing its textile manufacturing capabilities within the Indian market.