Texel Industries has informed that on December 27, 2016, the Company has received Order of Honorable BIFR, dated November 30, 2016, pronouncing that the Company ceases to be a Sick Industrial Company, within the meaning of Section 3(1)(o) of SICA, as the Company’s net worth has turned positive. Therefore, the Company is discharged from the purview of SICA/BIFR. The said order is pronounced in the matter of Company’s Miscellaneous Application No.250/2016, (BIFR Reg. No.433/2001) with BIFR.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Welspun Living | 133.75 |
| Vardhman Textiles | 580.60 |
| Arvind | 435.40 |
| K.P.R. Mill | 954.80 |
| Page Industries | 37326.50 |
| View more.. | |
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