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Rajapalayam Mills acquires additional stake in M/s Clean Max Opus

28 Aug 2023 Evaluate

Rajapalayam Mills has acquired additional 10,261 equity shares of M/s Clean Max Opus having face value of Rs 10 each for the value of R 5.41 crore, consequent to the above purchase company’s total holding in M/s. Clean Max Opus increased from 1,660 Equity Shares to 11,921 equity shares. The object of acquiring the Shares of M/s. Clean Max Opus by the Company and other Group Companies is to purchase Solar power under Group Captive mode.

Rajapalayam Mills is engaged in the manufacture and sale of yarns.

Peers
Company Name CMP
Trident 23.60
Filatex India 76.13
Nahar Spinning Mills 271.85
Nitin Spinners 650.30
Sanathan Textiles 480.75
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