- Business
- Weizmann Limited (WEIZMANIND.BO) engages primarily in textile processing, manufacturing, and exports, with a focus on the African market; it operates a composite facility in Ahmedabad, India, with an installed capacity of 24 million meters per annum for products including cotton voiles, pracales, and African prints. The company also undertakes job work for dyeing, printing, bleaching, and finishing; has developed proprietary technologies for textile embossing and tie-and-dye effects post-printing; and maintains rigorous quality controls through processes such as grey fabric inspection, mercerizing, fixation, calendering, and effluent treatment plants for sustainability. As the flagship of the Weizmann Group, it has historical interests in Fin-Tech (including past money changing and Western Union services) and Renewable Energy (via subsidiaries like Karma Energy for wind and hydro power development), though core operations emphasize textiles today.
Founded in 1985 and headquartered at Empire House, 214 Dr. D.N. Road, Fort, Mumbai, Maharashtra, India, Weizmann Limited primarily serves export markets in Africa, with manufacturing in Ahmedabad and a presence across India through group subsidiaries in related sectors. The company holds recognition as a One Star Export House from the Government of India and lists on the BSE and NSE.
In recent developments, Weizmann Limited completed an equity buyback in September 2024, repurchasing 365,169 shares (2.30% of equity) for INR 58.43 million at INR 160 per share via the tender offer route on stock exchanges, following board approval in August 2024; this followed strong financial performance, including standalone net sales growth of 18.3% YoY to Rs 36.25 crore in March 2025 and 42.94% YoY to Rs 29.99 crore in June 2025.