Jindal Worldwide has executed Share Transfer Deed for the sale of 2% stake held in its Wholly-owned Subsidiary Company viz. M/s. Goodcore Spintex. The consideration received from such sale is Rs 20 lakh. Post transaction, Jindal Worldwide will hold 98% stake in Goodcore Spintex.
Jindal Worldwide is engaged into the Textiles Sector and the main business activities are related to manufacturing of Denim fabric, premium shirtings, yarn dyeing, bottom weights and home textiles through its various internal divisions.