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RSWM to close manufacturing activities at Puducherry, Tamil Nadu units

29 May 2018 Evaluate

RSWM has decided to close manufacturing activities at its units situated at Perumal Kovil Street, Thirubuvanai, Puducherry and at Bagalur, District Hosur, Tamil Nadu, with effect from May 31, 2018. The manufacturing activities of the above units will be closed after completion of necessary formalities and machinery either relocated to company's existing facilities or disposed off.

The said units comprise of insignificant portion of operations of the company and the said closure does not have any material and adverse effect on operations of the company.

RSWM is engaged in the manufacturing, spinning, weaving and processing of manmade textile fabrics. The company is also engaged in cotton spinning and weaving.


RSWM Share Price

161.30 6.90 (4.47%)
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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