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Incorporated in 1946, Eastern Silks Ltd manufactures silk fabrics and other related textile products
Eastern Silk Industries reported a FY26 net loss of ₹13.60 Cr, though revenue grew slightly. Post-NCLT, it completed equity restructuring. The company seeks approval for ₹2,000 Cr in group investments/loans, a ₹35 Cr corporate guarantee for its holding company, and a ₹50 Cr promoter loan for ops. Public shareholding reached...
Eastern Silk finalized NCLT-approved capital restructuring. FY26 saw a net loss of ₹13.60 Cr, contrasting with prior year's profit. Major proposals include a ₹35 Cr corporate guarantee for its holding company, raising investment limits to ₹2,000 Cr, and a ₹50 Cr promoter loan convertible to equity. Also seeking approval for...
Company completed its NCLT resolution, resulting in new equity and significantly lower bank debt. Public shareholding reached 10% via OFS. It also secured a ₹35 Cr corporate guarantee for its holding firm and a ₹50 Cr director loan, convertible to equity. However, FY26 posted a ₹13.60 Cr net loss.