MoneyWorks4Me

RSWM inks pact to sell thermal power plant

15 Jul 2024 Evaluate

RSWM has entered into agreement with M/s Didwania Trading Company, Bhilwara. The agreement is for the sale of Thermal Power Plant (2 X 23 MW), which has now become cost-inefficient and redundant, for consideration amounting to Rs 48.01 crore plus applicable taxes.  

RSWM, incorporated in 1960 as Rajasthan Spinning & Weaving Mills, has business interests in areas of yarn, fabrics, garments and denim.


RSWM Share Price

194.70 0.70 (0.36%)
28-Aug-2026 15:16 View Price Chart
Peers
Company Name CMP
Welspun Living 190.80
Vardhman Textiles 592.00
Arvind 542.75
K.P.R. Mill 1129.35
Raymond Lifestyle 691.20
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