Shiva Texyarn is a Sister Company of Bannari Amman Spinning Mills ltd, one of the largest textile company of south India and part of the Bannari Amman Group.
- Commenced business as a Non Banking Financial Company in the year 1980.
- Went Public in the year 1985.
- Spinning mills unit I at Dindigal started in the year 1989
- Finance business and spinning division merged in the year 2002.
- Spinning mills unit II at Karanampettai started in the year 2009
- Knitting Division at Karanampettai started in the year 2009
- Garment Division at Karanampettai started in the year 2009
- Technical Textile Division at Ganeshapuram started in the year 2012
- Processing division at Sipcot, Perundurai started in the year 2012