Modella Wollens was established in 1961. The activities of the company include manufacture of shoddy yarn which is mainly used for the manufacture of woollen fabrics. The company also manufactures and dyes woollen and synthetic tops, and undertakes commission combing, both of wool and other synthetic fibres at Chandigarh. The company is also in the construction business.
In May 1988, the company made an application to BIFR and the BIFR in February 1989 appointed ICICI as the operating agency for preparation of the rehabilitation package.
Trading activity of the company was suspended in financial year 2008 in the absence of suitable trading partners.
The registered office of the company is located at 4- C, Vulcan Insurance Building, Veer Narirman Road, Churchgate Mumbai, Maharashtra- 400020.
Business area of the company
The company is engaged in the business of trading in synthetic suiting and furnishing/ plastic materials.