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SEL Manufacturing Company acquires 96.43% stake in SEL Ecochem

24 Jul 2012 Evaluate

SEL Manufacturing Company has acquired a majority stake of 96.43% in SEL Ecochem. Pursuant to this acquisition, SEL Ecochem has become a subsidiary of SEL Manufacturing Company. SEL Ecochem is in the business of chemicals, acids, etc.

SEL Manufacturing Company has over 40 years of experience in the textile industry. At present, it has facilities for manufacturing cotton yarn, combed yarn, knitted fabrics, knitted garments and terry towels.

Peers
Company Name CMP
Vardhman Textiles 535.60
Welspun Living 229.45
Arvind 529.00
Raymond Lifestyle 574.15
K.P.R. Mill 1123.35
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