Amarjothi Spinning Mills has acquired 4996 equity shares (comprising 100% stake) of Rs 10 each in the share capital of RPJ Textiles on August 28, 2017. The company has acquired the above mentioned equity shares for a cash consideration at Rs 400 per share.
RPJ Textiles is engaged in the business of purchase, sales and processing and manufacturing of cotton, yarn, waste cotton, waste yarn and textile goods.
Amarjothi Spinning Mills is engaged in the manufacturing and marketing of melange Yarn in India and internationally.
