Padam Cotton Yarns has executed Term sheet with Rajasthani Namkeen (RNPL) for Acquisition of Equity Shares. Through this acquisition, the company will enter into Food and Beverages business and this acquisition will help the company to expand its business in to food sector.
Total cost of Acquisition would be Rs 13 crore. Out of which, Rs 2.00 crore will be paid in cash and remaining as swapping of shares
Padam Cotton Yarns is engaged in manufacturing of cotton yarn. The company also engagged in the business of Consulting.
