PBM Polytex to buy 4.99% stake in Eurotex Industries

13 Apr 2012

PBM Polytex, in lieu of share purchase agreement, will be purchasing shortly 4, 37,490 shares, aggregating to 4.99% of stake of Eurotex Industries and Exports at a consideration of Rs 1,26,87,210. The company is one of the promoters of Eurotex Industries and Exports.

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.

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Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323