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Bombay Dyeing to close subsidiary in Indonesia

18 Dec 2018 Evaluate

Bombay Dyeing & Manufacturing Company has given its consent by signing the Shareholder's Resolution of its subsidiary in Indonesia i.e. PT Five Star Textile Indonesia (PTFS) on December 17, 2018 for closure of the same.

PTFS was incurring losses for many years hence; this is in line with the strategic move to close this subsidiary.

Bombay Dyeing & Manufacturing Company is a holding company that is engaged in finishing of cotton and blended cotton textiles; manufacturing of bedding, quilts, pillows and sleeping bags; real estate activities, and manufacturing of polyester Staple Fiber (PSF).

Bombay Dyeing & Mfg. Share Price

112.20 -1.25 (-1.10%)
07-Sep-2026 16:59 View Price Chart
Peers
Company Name CMP
Vardhman Textiles 590.35
Welspun Living 211.90
Arvind 564.45
K.P.R. Mill 1155.00
Raymond Lifestyle 672.05
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