Adhinath Textiles (ATL) was incorporated in 1979 by the Oswal Group of Ludhiana. It manufactures synthetic and wool-blended hosiery and knitting yarns which are marketed under the Adinath brand name. The company also diversified into the hosiery segment and manufactured polyester wool, pure wool and polyester viscose yarns suitable for worsted suitings. Manufacturing plant of the company is located at Village Bholapur, Chandigarh Road, Ludhiana. ATL has branches in New Delhi and Mumbai.
As the net worth and working capital of the company become negative, it has been referred to the BIFR.
Shreyans Industries Limited is one of the leading industrial groups of North India promoted by the well known OSWAL family of Ludhiana. It is a multi unit group with interests in Paper and Textiles. The company has an annual turnover of $50 million. Shreyans Group has over 1100 employees.