COMPANY PROFILE

SHIVA TEXFABS LIMITED is a closely held limited company with interests mainly in Cotton yarns, Blended Synthetic yarns and Fancy yarns. The Group is strongly committed to bring the best of the best products in the field of entire spectrum of yarns. The Company is one of the fastest growing units in its line of activity. Incorporated in 1996 with initial installed capacity of 1600 spindles per annum, now the company is having around 36,112 spindles. SHIVA TAXFABS LTD. (formerly SHIVA FABRICATORS PRIVATE LIMITED) was founded by late Sh. B.K. Malhotra and his son Mr. Akhil Malhotra with a dream to make STL a leading company in textiles, generate employment on a large-scale and create wealth for the society. Shri B.K Malhotra, founder of the Company was a textile graduate and had obtained training at Bradford (London).

The Company has recently added 14112 spindles dedicated exclusively for the manufacturing of world class 100% Cotton Combed yarn and this plant consists of latest state of the art equipment from LMW, Coimbatore, Schlafhorst (Germany) and the latest high precision R & D lab. Equipment from Uster Technologies (Switzerland). The Company is well set to grow organically and poised for a major transition in its business. The Spinning Division is expected to manufacture 10570 MTs per annum of Cotton, Blended Synthetic and Fancy Yarns with enhanced installed capacity.

The Company has a latest in-house state of art dyeing division for quality dyeing of fibers and yarns

MANAGEMENT

Mr. Akhil Malhotra He has been a director of the company since its inception. He is a Science Graduate and has wide experience of textile and textile macchinery industry. He first joined his family business in 1984 before venturing into Shiva Texfabs Ltd. This is his dream that the company achieved the capacity of 36000 thousand spindles per annum from its modest scale capacity of 1600 spindles in a very short span of time.

Mr. Arun Mukherjee He is a textile technologist with Masters degree in textiles. He has more than 26 years of experience in spinning industry having worked with the reputed textile houses of the country like Birlas, Nahars and Pasupati etc. He has worked in different departments like maintenance, production and R & D etc.

Mrs. Simmi Malhotra She is inspiration and force behind Mr. Akhil Malhotra. She has been involved with the Company since last seven years and has contributed immensely in the growth of the company by virtue of her knowledge, vision and expertise.

Mr. Surinder Kapoor He has more than 40 years of experience with one of the most prestigious and reputed organizations in the world-The Lever Group. Before joining the board of Shiva Taxfab Limited, he worked with the lever group in the various capacities in India and abroad. His

experience in Far-East Asian countries has helped Shiva Texfabs Ltd. to grow at a rapid speed in export markets.

Mr. Sushil Singla Chartered Accountant by profession having more than 21 years experience, he is very actively involved with Shiva Texfabs Ltd. He is a former chairman of Ludhiana Chapter of The Institute of Chartered Accountant of India. He has very deep interest in Social and Philanthropist activities.

Mr. Ashwani Kumar Practicing Chartered Accountant for over last 29 years as a Senior Partner in M/s Ashwani and Associates, Chartered Accountants with offices at Ludhiana, Delhi and Chandigarh. Heading and managing the Ludhiana area operations of Ashwani and Associates..

TEXTFAB

is a closely held limited company with interests mainly in Cotton yarns, Blended Synthetic yarns and Fancy yarns. The Group is strongly committed to bring the best of the best products in the field of entire spectrum of yarns. The Company is one of the fastest growing units in its line of activity. The Company has recently added 14112 spindles dedicated exclusively for the manufacturing of world class 100% Cotton Combed yarn and this plant consists of latest state of the art equipment from LMW, Coimbatore, Schlafhorst (Germany) and the latest high precision R & D lab. Equipment from Uster Technologies (Switzerland).

QUALITY ASSURANCE
The Company believes in maximizing the wealth of all concerned including stake-holders, workers, suppliers, promoters, lenders & buyers with continued thrust on Corporate Governance, so that every body connected with the company gains equally.