Our Company was originally incorporated as `Aastha Spintex Private Limited', a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation dated August 12, 2013, issued by the Registrar of Companies, Gujarat, Dadra and Nagar Havelli. Subsequently, upon conversion of our Company into a public limited company, the name of our Company was changed to `Aastha Spintex Limited', pursuant to resolution passed by our Board of Directors on January 03, 2025, and the resolution passed by our shareholders at extraordinary general meeting on January 27, 2025. A fresh certificate of incorporation dated February 12, 2025 was issued by Registrar of Companies, Central Processing Centre consequent to the conversion.
Major Events and Milestones: 2015 - Commencement of manufacturing operations at Halvad, Morbi, with an initial capacity of 25,920 spindles, meeting domestic and international demand for high-quality cotton yarn.
2020 - Upgrade of spinning machinery, leading to a 2,000 to 2500 Kg per day increase in yarn production capacity, reinforcing the company's market position. 2023 - Setting up and installation of a 5 MW solar power plant for captive use near the manufacturing facility, reducing carbon emissions and operational costs.
2024 - Setting up and installation of a 2.7 MW wind power project, further enhancing the company's commitment to sustainable and cost-effective manufacturing.
2017 - Fastest growing Indian Company Excellence Award - Certificate of Appreciation for participation in Vibrant Gujarat Global Trade Show, 2017 - Certificate of Editorial Coverage Participation in appreciation of sharing profound editorial coverage of mill's operations in May-June 2017 issue of Spinning Textiles magazine
2025 - Received scope certificate bearing number CU843020GOTS-2025-00065604 dated June 20, 2025, issued by CU Inspections & Certifications India Private Limited conforming conformity with Global Organic Textile Standard (GOTS). - Received scope certificate bearing number CU843020MUL-2025-00065605 dated June 20, 2025, issued by CU Inspections & Certifications India Private Limited conforming conformity with Organic Content Standard and Global Recycled Standard.
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