Amarjothi Spinning Mills has acquired 7400 equity shares (i.e up to 27% stake) of Rs 10 each in the share capital of Jaichander Wind Farms. The company has acquired this equity shares for a cash consideration at Rs 10 per share amounting to Rs 74,000. The acquisition of shares was completed on April 11, 2018.
Amarjothi Spinning Mills is engaged in the manufacturing and marketing of melange Yarn in India and internationally.