Nitin Spinners has received approval for execution of power supply agreement & share purchase agreement (SPA) with CGE ll Hybrid Energy. CGE ll Hybrid Energy is subsidiary of Continuum Green Energy and it is newly formed SPA to carry on the business of power generation, distribution, transmission and supply of renewable power in the state of Rajasthan. The investment committee of Board of Directors of the company in its meeting held on June 02, 2025 has approved the same.
Nitin Spinners was established in 1992 and headquartered in Bhilwara (Rajasthan). It is India’s leading manufacturer of Cotton Yarn, Knitted Fabrics and Finished Woven Fabrics.
| Company Name | CMP |
|---|---|
| Trident | 25.74 |
| Filatex India | 44.15 |
| Nitin Spinners | 413.70 |
| Nahar Spinning Mills | 251.50 |
| Sanathan Textiles | 419.00 |
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