- CEO
- Krishna Kumar Gupta
- Full Time Employees
- 229
- Sector
- Industrials
- Industry
- Manufacturing - Textiles
- Address
- No. 18, Anjaneya Temple Street Bangalore India
- IPO Date
- Dec 30, 2024
- Business
- Pasari Spinning Mills Limited, a subsidiary of Pasari Exports Limited, currently conducts no significant operations after discontinuing its textile manufacturing activities in July 2011. Previously engaged in the production and trading of cotton yarns, handloom silk fabrics, and related textile products including home furnishings, fashion apparel, and fabrics for men's, women's, and kids' wear; the company operated spinning, weaving, dyeing, and printing facilities with a capacity of 17,472 spindles at its unit in KIADB Industrial Area, Nanjangud, Mysore District, India. Founded in 1991 and headquartered at No. 18 (Old No. 16), III Floor, Anjaneya Temple Street, Yediyur, Jayanagar 6th Block, Bengaluru, Karnataka 560082, India, it primarily served domestic and global clientele in the textile sector. Promoters plan to expand into the retail industry for textile and apparel products from fibre to fashion to address financial challenges, as indicated in ongoing strategic discussions. Recent corporate activities include board meetings in 2025 for approving unaudited quarterly financial results as of December 31, 2024, and February 2025 outcomes, alongside scheduling the 34th annual general meeting and auditor appointments for fiscal year 2024-25.