Tirupati Texknit, now renamed TT Ltd (TTL), promoted by R C Jain and incorporated as a public limited company in Sep.'78, has facilities to manufacture knitted cloth at Ghaziabad, UP. In addition, the company is engaged in the marketing of a range of hosiery products under the well-established TT brand name. It has acquired exclusive rights to use it from the owner of the trade mark under a royalty agreement dated 1 Apr.'89. _x000D_ _x000D_ The company, since Apr.'89, has production arrangements with about 50 franchised hosiery production units in Delhi, Calcutta, UP, MP and Tamilnadu to produce goods exclusively for and according to specifications and quality standards laid down by the company. _x000D_ _x000D_ TTL went public with its maiden issue in Jan.'90 to meet the financial requirements of its franchise units and to meet working capital requirements. In Feb.'93, TTL came out with a public issue to part-finance the backward integration programme of setting up a Rs 21.05-cr 12,500-spindle 100% export-oriented spinning unit to manufacture cotton yarn at Gajraula, UP. TTL has a dealer network of 1500 wholesalers throughout India. During 1996-97, had earned the status of Registered Export House._x000D_ _x000D_ In 1999-2000, the company's mill at Avanashi, in Coimbatore District obtained ISO 9002 Quality Certificate._x000D_ _x000D_ The company has initiated the Technology Upgradation Programme to replace all the spindles at Gajroula Mill Plant.The proposal had been submitted to Financial Institutions for the approval._x000D_