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Prakash Woollen Mills to acquire land for future expansion

13 Nov 2014 Evaluate

Prakash Woollen Mills has received an approval for acquisition of land for future expansion activities. The board of directors at their meeting held on November 12, 2014 has approved for the same.

The board has also authorized Adeep Gupta, Kapil Gupta and Ashish Gupta to take necessary steps for acquisition of land including execution of transfer/sale deed.

Prakash Woollen Mills specializes in the production of Mink Blankets and Bed Covers. The company has also streamlined facilities for knitting, dyeing, processing, printing, finishing and packaging.

Peers
Company Name CMP
Vardhman Textiles 486.70
Welspun Living 219.20
Arvind 491.15
Raymond Lifestyle 479.30
K.P.R. Mill 1115.00
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