Shri Mahalaxmi Agricultural Development

Shri Mahalaxmi Agricultural Development Limited has strategically changed its business focus from agriculture to become a player in the retail textile industry. The company operates on a philosophy of fair and transparent governance, which includes values of integrity, professionalism, and accountability. It considers strong corporate governance a continuous journey and works to improve its practices to align with shareholder expectations. The main income of the company during the 2017-18 financial year was generated exclusively from trading activities within the textile sector. The Indian textile sector is unique due to its close ties with agriculture for raw materials like cotton and its connection to the country's ancient culture. For the financial year 2018, the company's total revenue grew primarily due to strong performance in its brands and retail business.;