At meeting held on 17 September 2014
Sutlej Textiles and Industries announced that the Board of Directors of the Company at its meeting held on 17 September 2014 has decided:1. To expand the operations of one of the Company's Units viz: Damanganga Home Textiles based at Daheli, Bhilad, Gujarat at a cost of Rs. 88.50 crore. The project will be implemented in FY 2015-16 and the capacity will increase to 9.6 million metres per annum.
2. To close the operations of one of the Company's Units viz: Damanganga Fabrics, based at Daheli, Bhilad, Gujarat in view of its un-economic working. The Company is complying with the necessary requirements of law in relation to the closure of this Unit.
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