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About Ginni Filaments Ltd. - Company Information, Overview, History and Profile

What does Ginni Filaments Ltd. do?

Ginni Filaments has been engaged primarily in the business of the manufacturing of textile products like non-woven fabric, garments, wipes and cosmetics.

Website: www.ginnifilaments.com

Ginni Filaments Ltd. Management structure

All Gross Remunerations are in INR
SAKET JAIPURIA
Executive Director, President
1.38 Cr
2024-3-31
Gross Remuneration
Year
Shri Yash Jaipuria
Chief Executive Officer
79.16 Lac
2024-3-31
Gross Remuneration
Year
S Singhvi
Non Independent Executive Director, Whole Time Director(Finance), Chief Financial Officer
55.81 Lac
2024-3-31
Gross Remuneration
Year
Shri Ayan Chakra Borty
Senior Vice President, Unit Head(CPD. )
37.96 Lac
2024-3-31
Gross Remuneration
Year
Shri Rajiv Pande
Advisor(Garment. )
36.35 Lac
2024-3-31
Gross Remuneration
Year
Shri Manish Kaushik
General Manager(Commercial)
25.68 Lac
2024-3-31
Gross Remuneration
Year

Ginni Filaments Ltd. Board of directors

All Gross Remunerations are in INR
Shishir Jaipuria
Chairman & Managing Director
2.49 Cr
2024
Gross Remuneration
Year
SAKET JAIPURIA
President & Executive Director
1.38 Cr
2024
Gross Remuneration
Year
S Singhvi
Director (Finance) & CFO
55.81 Lac
2024
Gross Remuneration
Year
Desh Deepak Verma
Independent Non Exe. Director
2.4 Lac
2024
Gross Remuneration
Year
MANISH AGRAWAL
Independent Director
-
2024
Gross Remuneration
Year
Kalpataru Tripathy
Independent Director
-
2024
Gross Remuneration
Year

Ginni Filaments Ltd. - company history

Ginni Filaments Ltd was incorporated on July 28, 1982. The Company was established with the objective of manufacturing cotton yarns. The Company is one of the leading integrated manufacturers of cotton yarn, processed knit fabrics and knit garments in India. It is engaged in the manufacture of textiles, yarn, fabric, non woven fabrics and garments. It operate in two business segments, namely textiles and others. The other segments comprises of consumer products, which include wipes made of spunlace fabric, which are used in personal hygiene, healthcare. The company's products include cotton yarn, non woven fabrics, knitted fabrics and knitted garment. The company manufacturing units are located at Chhata, Noida and Haridwar. They have state-of-the-art spunlace non woven fabric manufacturing facility at Panoli in Gujarat. The company's consumer products include wet wipes, medical disposables, wound care, home care/ industrial wiping and private labeling. In September 1982, the Company commenced their business. In 1990, it set up a unit for manufacture of Cotton Yarn with 26208 spindles at Chhata, Dist Mathura. In 1993, it expanded the installed capacity to 36288 Spindles. In 1995, it further expanded the installed capacity to 54432 Spindles. Also, the Company entered into knitting business. In May 2005, the company set up Dyeing & Processing plant at Chhata in Uttar Pradesh and started commercial production. During the year 2006-07, the company installed a non-woven Plant at their Panoli (Gujarat) Unit with an installed capacity of about 12000 Tones per annum and commenced production. Also, they started production in Garment unit at Noida. During the year 2007-08, the company completed the de-bottlenecking and modernization of spinning units at Kosi (UP) and Panoli (Gujarat). During the year 2007-08, the company's projects of installation of grid connection, de-bonding of their Export Oriented Unit (EOU) at Kosi (UP) was successfully completed. They set up a conversion unit at Haridwar (Uttarakhand) and completed the expansion of their consumer products division. During the year 2009-10, as per the Scheme of Arrangement, Ganesh Synthetics Pvt Ltd, Abhinav Investments Pvt Ltd, Goodworth Merchants Pvt Ltd, engaged in investment activities and Ginni Power Ltd, engaged in power generation business got amalgamated with Company with effect from January 16, 2010. In 2012-13, after the completion of converting Unit for manufacture of Nonwoven Wipes at Panoli, Company had undertaken expansion of its Haridwar unit for manufacturing of Wet Wipes for reputed Global Brands.