- Business
- S.R. Industries Limited manufactures and sells footwear products including EVA flip flops, lifestyle footwear, sports sandals, and sports shoes such as die-cut joggers and running shoes with IMEVA midsoles; its state-of-the-art integrated manufacturing plant in Mohali, India, features rubber outsole molding, EVA sheet production, IMEVA processing, stock fitting, cutting and preparation, stitching, and assembly lines equipped with machinery from leading global suppliers. Incorporated in 1989 and headquartered in Mohali, Punjab, the company operates primarily in the sports footwear segment of the Indian consumer durables market, serving domestic customers through its production capabilities supervised by experienced footwear professionals. In July 2024, Bazel International Limited and its associates acquired a 95% majority stake as the successful resolution applicant following the company's Corporate Insolvency Resolution Process initiated in December 2021, enabling rehabilitation under new management; the company changed its name to Arur Footwear Limited in September 2025.