CLC Industries has entered into an agreement with Neo Stretch (Purchaser) to transfer Pithampur Undertaking on slump sale basis in accordance with the implementation of the Resolution Plan as approved by the Hon’ble National Company Law Tribunal, Principal bench, New Delhi vide its order dated May 12, 2023. The company has transferred Pithampur Undertaking on February 14, 2024. The consideration received from such sale/disposal is Rs 33 crore.
CLC Industries (formerly known as Spentex Industries) is a textile company based in India. It manufactures cotton yarn, synthetic yarn cotton, and blended yarn.
| Company Name | CMP |
|---|---|
| Trident | 26.26 |
| Filatex India | 45.33 |
| Nitin Spinners | 492.05 |
| Nahar Spinning Mills | 257.55 |
| Sanathan Textiles | 450.10 |
| View more.. | |
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