PBM Polytex has acquired shares of Eurotex Industries and Exports from Usha B Sanghavi totaling of 435,990 shares at a consideration of about Rs 1.26 crore.
The company is one of the promoters of Eurotex Industries and Exports and the shares acquired represents 4.98% of Eurotex Industries and Exports’ paid-up capital.
PBM Polytex manufactures a wide range of products from Ne 24’s to Ne 80’s, both single and TFO doubled yarns from as many as 25 raw material mixes. Besides Indigenous raw cotton like DCH 32, MCU 5, Shankar 6 and MECH.
