AKM Lace and Embrotex Limited was incorporated as a private limited company with the name 'AKM Lace and Embrotex Private Limited' on November 26, 2009. Subsequently, the status of the Company was changed to a public limited company and the name of the Company was changed to 'AKM Lace and Embrotex Limited' on May 15, 2017. AKM Lace is engaged in the business of trading of textile products primarily fabrics as well as supply of customized lace and embroidered work items which the compay manufacture/process through established job work arrangements. The Company is promoted by Mr. Anoop Kumar Mangal and Mr. Shambhu Dayal Mangal who together have over a decade of experience in the textile industry. They have been in this business through family proprietary concern Mangal Lace Agency'. The Company is being developed by these two promoters with a view to over time corporatize the family business and build a stronger business vehicle.