Live Webinar on "How to Invest successfully to reach goals without losing sleep" Sign up for Live Webinar
Festival Offer
This Diwali, Light up your portfolio with MoneyWorks4me Superstars starting @ ₹ 7,999 ₹ 5,999 (Offer valid till 3rd Nov 21)

Sutlej Textiles to purchase Birla Textile Mills

01 Jul 2015

Sutlej Textiles and Industries has executed business purchase agreement for purchase of Birla Textile Mills (BTM), a Division of Chambal Fertilizers And Chemicals (CFCL), by Sutlej, as a going concern, on slump sale basis. The Competition Commission of India has already approved the present transaction. The transaction is subject to fulfillment of various other conditions, as mentioned in the aforesaid Business Purchase Agreement, and further requisite approvals. It is expected that the transaction shall be completed by September 30, 2015.

Sutlej Textiles excels in all stages of textiles productions. Its versatile production facilities are vertically integrated, From Spinning and Home Textile.

Related Sutlej Textiles And Industries Ltd. Links:

Sutlej Textiles&Inds Share Price

63.85 1.40 (2.24%) Oct 26, 12:59
1 Year Price Chart
Peers
Company Name CMP
Trident 39.95
Filatex India 102.90
Nahar Spinning Mills 458.55
Sutlej Textiles&Inds 63.85
Nitin Spinners 217.00
View more..
Sensex vs Sutlej Textiles&Inds
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback