Abhishek Corporation Limited Provides Financial Guidance for the Year 2019-20 and 2020-21

Abhishek Corporation Limited is an India-based textile company. The Company is primarily engaged in undertaking the business of manufacturing cotton yarn. The Company produces 100% cotton yarn and dyed yarn shirting fabric. It is focused on the manufacturing of cotton yarn through its spinning unit. The Company's spinning unit is set up with a modern manufacturing facility of approximately 36,144 spindles for combed cotton yarn at Kolhapur in the state of Maharashtra. The Company is also focused on yarn dyeing, weaving and fabric processing. The Company's dyed yarn shirting fabric unit has the capacity to produce 20,000 meters of fabric and a processing capacity of 60,000 meters per day. Its completed infrastructure projects include M. I. Tank at Chorgewadi, Kasari Project, Kumbhi Dam, Patgaon Dam, Jangamhatti Medium Irrigation Project, Dhom-Balkavadi Project and Chitri Medium Irrigation Project.