- Business
- Standard Industries Limited (SIL.BO), an India-based holding company founded in 1892 and headquartered in Mumbai, primarily engages in property development and trading of textiles and chemicals. The company operates through Property Division, Trading, Manufacturing, and Others segments, offering a diverse portfolio of textile products including 100% cotton towels, bed sheets, interlining fabrics, cotton and blended dhotis, cotton/PC blended and poly viscose suiting products, cotton and PC poplins, shirting products, cotton rubia fabrics, as well as ready-to-stitch PC blended and Punjabi suits; it also manufactures common salt through its subsidiary Standard Salt Works Limited. Subsidiaries include Standard Salt Works Limited, focused on salt manufacturing, and Mafatlal Enterprises Limited, with operations centered in India targeting domestic textile traders, property buyers, and industrial customers. Recent developments encompass the holding of its 128th Annual General Meeting in July 2025 via video conferencing, alongside ongoing financial reporting showing net losses amid strategic board meetings for operational oversight, with no major acquisitions, partnerships, or funding rounds announced in the past 1-2 years.