Sutlej Textiles and Industries, the flagship company of KK Birla Group, has received approval from the Competition Commission of India (CCI) for purchase of Birla Textile Mills, the textile division of Chambal Fertilisers and Chemicals Ltd., located at Baddi in Himachal Pradesh.
Sutlej Textiles and Industries, the flagship company of KK Birla Group, has received approval from the Competition Commission of India (CCI) for #
In a filing to the BSE, Sutlej Textiles said, “The Competition Commission of India has communicated to us their approval of the Proposed Combination.”
Sutlej Textiles and Industries, the flagship company of KK Birla Group, has received approval from the Competition Commission of India (CCI) for #
In March this year, the Board of Directors of Sutlej Textiles had approved the purchase of Birla Textile Mills, which works out to Rs 232 crore, including net current assets.
Sutlej Textiles and Industries, the flagship company of KK Birla Group, has received approval from the Competition Commission of India (CCI) for #
Birla Textile Mills produces around 9,600 metric tons of yarn annually, including synthetic, cotton blended and acrylic yarns, 40 per cent of which are exported to global markets, according to the company’s website.
Sutlej Textiles and Industries, the flagship company of KK Birla Group, has received approval from the Competition Commission of India (CCI) for #
Sutlej Textiles operates three units—Rajasthan Textile Mills, Chenab Textile Mills, and Damanganga Home Textiles located in Rajasthan, Jammu and Kashmir, and Gujarat respectively—and has a textile value-chain from yarns to home textiles. (RKS)
Sutlej Textiles and Industries, the flagship company of KK Birla Group, has received approval from the Competition Commission of India (CCI) for #
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