The Indian Card Clothing Company

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The Indian Card Clothing Company Ltd.
Company typePublic
IndustryTextile, Precision Engineering
Founded24-June-1955
HeadquartersPune
Key people
Alok Misra (Chief Executive Officer), Chadrakant Patil (Chief Financial Officer), Amogh Barve (Company Secretary)
ProductsCylinder Wires, Doffer Wires, Lickerin Wires, Flat Tops
BrandsPrimus, Maxus, Tenace, Crystal, AeroDoffer, Sharprite, Accura, XTRAC
Number of employees
400+
SubsidiariesGarnet Wires Ltd.
Websitewww.Cardindia.com

The Indian Card Clothing Company Ltd. (abbreviated as ICC) is a Bombay Stock Exchange and National Stock Exchange listed company headquartered in Pune, India.[1] Founded in 1955,[2] ICC is a precision engineering company that manufactures and supplies card clothing[3] products and carding solutions for the textile industry.

History[edit]

It was incorporated on 24 June 1955 as a private company and in 1975 was converted to a public listed company jointly promoted by Carclo Engineering and English Card Clothing.[2] In 1985, English Card Clothing (100% subsidiary of Carclo Engineering) sold its 57% stake in ICC to the new management.

Currently, Mauritius based Multi-Act Industrial Enterprises Limited is the holding company with 57.35% equity in the organization.[4]

ICC also holds a 100% equity in UK-based Garnett Wires that manufactures card clothing for the non-woven segment.[5]

Products[edit]

ICC manufactures and supplies carding solutions for the textile industry.[2]

Facilities[edit]

The Indian Card Clothing manufacturing facilities are in Pune, Maharashtra and Nalagarh, Himachal Pradesh.[6]

Locations[edit]

The company has offices in India and overseas.[7]

References[edit]

  1. ^ "Indian Business News | Sensex, Nifty | Indian Stock Market | BSE, NSE India | Stock Tips & Quotes, IPO". Sify. Archived from the original on 4 February 2011. Retrieved 24 October 2017.
  2. ^ a b c "Indian Card Clothing: Reports, Company History, Directors Report, Chairman's Speech, Auditors Report of Indian Card Clothing - NDTVProfit.com". profit.ndtv.com. Retrieved 24 October 2017.
  3. ^ "Indian Card Clothing Corporated Limited, Pune - Manufacturer of Accura Back Zone Carding Machine". IndiaMART.com. Retrieved 24 October 2017.
  4. ^ "Indian Card Clothing Co. Ltd. - Stock Shareholding Pattern - Value Research Online". www.valueresearchonline.com. Retrieved 25 October 2017.
  5. ^ indiainfoline.com. "Mr. M.K.Trivedi, Managing Director, Indian Card Clothing Company Ltd". Retrieved 24 October 2017.
  6. ^ "Preview" (PDF). www.nseindia.com. Retrieved 24 October 2017.
  7. ^ "INDIAN CARD CLOTHING Company Location". Dynamic Levels. Retrieved 25 October 2017.
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