Alok Industries Ltd 2021 AR2
The report outlines Alok Industries Limited's financial and operational performance for the fiscal year 2020-2021. Following the implementation of its approved resolution plan, joint control was acquired by Reliance Industries Limited and JM Financial Asset Reconstruction Company Limited. The company expanded its operations by establishing a new Safety Textiles division to manufacture personal protective equipment (PPE) suits and N95 masks in response to the COVID-19 pandemic. Additionally, Alok focused on sustainable business practices, including waste reduction and the operation of a recycled polyester unit to produce recycled fiber.
Company: Alok Industries Ltd
Sector: Manufacturing
Country: India
Year: 2021
Type: AR2
Pages: 214
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Alok Industries Ltd
Annual Report
The report outlines Alok Industries Limited's financial and operational performance for the fiscal year 2020-2021. Following the implementation of its approved resolution plan, joint control was acquired by Reliance Industries Limited and JM Financial Asset Reconstruction Company Limited. The company expanded its operations by establishing a new Safety Textiles division to manufacture personal protective equipment (PPE) suits and N95 masks in response to the COVID-19 pandemic. Additionally, Alok focused on sustainable business practices, including waste reduction and the operation of a recycled polyester unit to produce recycled fiber.
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Document Details
Report Year
2021
Reporting Period
Apr 1, 2020 - Mar 31, 2021
Fiscal Year
2021
Published
Sep 21, 2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees