Siddheswari Garments

Siddheswari Garments Limited's primary business activity was originally manufacturing and selling knitted hosiery garments specifically for the Indian domestic market. The directors are optimistic about the company's growth and are consistently looking for new opportunities to elevate the organization to the next level. Its core philosophy is to achieve business excellence by enhancing shareholder wealth through transparency, accountability, and fairness in all its dealings. However, the company was compelled to permanently shut down its production activities due to continuous labor issues at its manufacturing facility. Currently, the company undertakes occasional trading operations and deals in derivatives to maintain its financial assets and cash liquidity. This strategic shift resulted in a major financial turnaround, with profit after tax increasing from a loss of Rs. 231.04 to a profit of Rs. 1339.45.;