Vardhman Textiles has purchased entire stake of Marubeni Corporation (6.67%) and Marubeni Hong Kong and South China (3.89%) in its subsidiary, VMT Spinning Company (VMT). The company earlier was holding 89.44% shares of VMT and with this purchase VMT has become its 100% subsidiary.
Vardhman Textiles, incorporated in 1973, is one of the pioneers in textile industry with operations in the segments of yarn, sewing thread, steel, and fabric.
| Company Name | CMP |
|---|---|
| Welspun Living | 124.70 |
| Vardhman Textiles | 555.00 |
| Arvind | 386.30 |
| K.P.R. Mill | 926.30 |
| Page Industries | 38172.05 |
| View more.. | |
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