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RSWM to sell 1.69 crore shares of Bhilwara Energy

10 Apr 2019 Evaluate

RSWM has decided to sell around 1.69 crore equity shares of Rs 10 each of Bhilwara Energy an associate company at a cash consideration of Rs 84.85 crore to HEG on the basis of valuation of fair price per share on arm's length basis. The company's holding in Bhilwara Energy, after the proposed sale, shall be 1.25 crore equity shares comprising of 7.56%.

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

164.25 -2.70 (-1.62%)
11-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Welspun Living 135.90
Vardhman Textiles 605.20
Arvind 441.40
K.P.R. Mill 937.05
Page Industries 36214.40
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