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Osiajee Texfab informs about incorporation of wholly owned subsidiary company

27 Aug 2021 Evaluate

Pursuant to Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Osiajee Texfab has informed that the Board of Directors in its meeting held on Friday, August 27, 2021 have approved incorporation of a wholly owned subsidiary Company at Hoshiarpur, Punjab. The incorporation of wholly owned subsidiary will strengthen the growth opportunities and will help the Company to become more agile in exploring new markets. The Board Meeting commenced at 2.00 pm and was concluded at 2.15 pm.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Vardhman Textiles 567.35
Welspun Living 207.80
Arvind 575.25
Raymond Lifestyle 693.70
K.P.R. Mill 1109.40
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