Alan Scott Industries Ltd share Price

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• Alan Scott Industriess Limited was founded in February 1994 under the name of `Suketu Fashions Limited` the Company made its maiden public issue in August 1994 with IL&FS as lead managers to the issue Alan Scott Industries Limited was engaged in manufacturers of designer socks in India.Alan Scott Industriess Limited was selected by the Business Initiative Directions Madrid Spain for the International Platinum Star Award for Quality Commitment in the year 1998. The company is one of the first few companies to introduce the State of the Art manufacturing facilities in India besides launching its own brand `ALAN SCOTT`, the company supplied socks to following brands between 1994 to 2002 REEBOK, REEBOK, ROCKPORT, NEW BALANCE, WESTSIDE, LOUIS PHILIPPE, PROLIN, FILA, CROCODILE ETC. The manufacturing facilities of the company were destroyed in fire in November 2002. The company made a joint venture with Delta Galil Ltd a company based out of Israel and revived the manufacturing facility however the relationship with Delta ended in 2006. Due to the noncompete company could not engage into manufacturing of socks again the core competence, your company is now proposing to venture into new areas of business shortly.