Sportking India Share price

Sportking India Limited incorporated on 15.02.89 and promoted by Sh. Raj Kumar Avasthi and his family members obtained the Certificate of Commencement of Business on 05.06.90. The Company was engaged in the business of Hosiery Knitwears and Readymade Garments at New Delhi. There was acute shortage of skilled and semi skilled labour engaged in the production of Hosiery and Readymade Garments. Therefore the Company suspended this activity in 1993-94. The Company diversified its activities by installation of 6520 Spindles at Village Meharban Rahon Road Ludhiana in the state of Punjab for manufacture of Acrylic Yarn which started commercial production on 3rd December 1993 against its projected production date of 21st November 1993 because of bottlenecks in trial production runs.