Atvo Enterprises Ltd Share Price Textiles
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Incorporated in Mar.'95 in Hyderabad as a public limited company, Trendy Knitwear was promoted by R C Bhargava and associates. The company has a technical collaboration with Jung Won India, an agent of Jung Won Corporation, South Korea. Jung Won India would provide technical assistance and knowhow for manufacturing socks and dyeing of yarn which will be used in the manufacture of socks. The company is setting up a 100% EOU to manufacture knitted socks with an installed capacity of 5 lac dozen pairs, in Nandikandi (Medak district), Andhra Pradesh. It came out with a public issue in Aug.'96 to part-finance this project. The company proposes to manufacture fine quality designer socks in cotton, nylon or acrylic to cater to the export market. The company has signed an agreement with the collaborator for a buy-back of its entire production.