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Weizmann acquires stake in TEPL

14 Jun 2017 Evaluate

Weizmann has received an approval for purchase of 3,00,000 10% Non-Convertible Non-Cumulative Preference Shares (NCNCPS) of Rs 100 each from Tapi Energy Projects (TEPL), upon terms and conditions agreed between the company and TEPL. The sub-committee of the company at its meeting held on June 13, 2017 has approved for the same.

TEPL is a RBI registered Non Banking Finance Company. The business of TEPL is Borrowing & Lending and Investment in Securities.

Weizmann is a holding company engaged in textile processing. The company is also engaged in job works and financial service activities. The company’s segments include Textiles and Finance.



Weizmann Share Price

84.24 1.24 (1.49%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Welspun Living 125.45
Vardhman Textiles 557.75
Arvind 387.20
K.P.R. Mill 926.40
Page Industries 37935.70
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