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Shri Dinesh Mills decides to make investment in subsidiary

10 Jan 2020 Evaluate

Shri Dinesh Mills has decided to make investment in Wholly Owned Subsidiary Company viz. Fernway Textile in its equity shares / preference shares / other securities not exceeding Rs 25 crore as an when required. The Board of Directors of the company at their meeting held on January 09, 2020, decided the same.

Shri Dinesh Mills is a composite textile mill manufacturing worsted fabrics (menswear), paper makers felts and industrial textiles.

Peers
Company Name CMP
Vardhman Textiles 557.40
Welspun Living 221.00
Arvind 552.80
Raymond Lifestyle 681.00
K.P.R. Mill 1107.80
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