Cedaar Textile Limited was incorporated as a Private Limited Company namely ‘Cedaar Textile Private Limited’ under the Companies Act, 2013 vide certificate of incorporation dated 28/09/2020 issued by Registrar of Companies. Further, the company was converted into a Public Limited Company in pursuance of a special resolution passed by the members of the company at the Extra Ordinary General Meeting held on April 30, 2024. A fresh Certificate of Incorporation consequent to conversion was issued on August 23, 2024 by the Registrar of Companies, Bangalore and consequently the name of the Company was changed from ‘Cedaar Textile Private Limited’ to ‘Cedaar Textile Limited’.
Cedaar Textile offers the widest range of Raw White Yarns, Melange Yarns, Solid Top dyed Yarns, and Grey Fancy Yarns in Cotton, Polyester, Acrylic, Viscose, Tencel, Modal, and other Fibers. All Yarns are being offered with sustainability as the prime focus, in 100% Organic, Recycle Fibers (Polyester & Cotton) for a Green Environment and Conservation of natural resources. The company’s focus is on Innovation, Customer Orientation, R&D, Technology Up Gradation, Digitalization, ERP, Continuous Improvement, and Moving towards Green Energy. The company manufacture and sells its products like Yarn, Technical Textile IFR, Fabrics, and Dyed Yarn. It is engaged in the manufacturing of Quality Melange Yarn for use in the household textile, woven goods, and hosiery.
The company’s objective is to cater the Top Line Customers Overseas and in India, who produce Garments for renowned Fashion Brands. Its production process begins with procurement of Raw material from the suppliers and processed the same in machine by mixing the different fabrics like cotton, polyester, viscos, acrylic and other fibers.
Business area of the company
The company primarily engaged in operations of manufacturing, buying, selling, importing, exporting and dealing in textiles, cotton, silk, art silk, rayon, nylon and other goods or merchandise whether textile felted, netted or looped.
Products of the company
- Melange yarn & dyed yarns
- Speciality yarn
- Yarn range for sweaters count range 2/20 Ne to 2/40 Ne
- Raw White Yarns Counts: NE 16s to NE 40s for Knitting and Weaving
- Yarn dyed in cone dyeing
History and milestones
- 2020: Company Founded by Mr. Rajesh Mittal, Mr. Virender Goyal, Mrs. Bachangada Monnappa Saraswathi, Mr. Monnappa Nachappa Bachangada on September 19, 2020 and company got certificate of Registration by Registrar of Companies, ROC Bangalore.
- 2020-21: It received its first export order on December 30, 2020 a very first month it has started as Cedaar Textile from Tex global PTE for the value of Rs 41 lakh and First domestic order from Essel Industries on December 24, 2020 for around Rs 25 lakh.
- 2021-22: It has achieved the highest sales this financial year where around 60% revenue is of export.
- 2023-24: Installation of 2 MW Solar plant in the factory and successfully running the same and planning for second project as well.
- 2024: The company conversion of Public limited i.e. from ‘Cedaar Textile Private Limited’ to ‘Cedaar Textile Limited’ and received its fresh certificate from Ministry of Corporate Affairs dated August 23, 2024.