Trident Limited, an Indian textile and paper manufacturer, has revealed the production details of its home textiles and paper and chemicals divisions for the month of December 2022. The company said that it produced 4,292 metric tons of bath linen, 2.86 million meters of bed linen, and 7,486 metric tons of yarn under its home […]
Trident Limited said that its financial management committee has approved the company’s acquisition of 100% of Trident Home Textiles Limited by buying out 50,000 equity shares in the latter. The paid-up capital of Trident Home Textiles Limited is INR 500,000 and its turnover is nil. Incorporated in 2011, Trident Home Textiles Limited was supposed to […]
Trident Group said that its board of directors has approved the company’s expansion/modernization plan for its home textiles and chemicals businesses with a total investment of INR 893 crores. The Indian textile and paper manufacturer with an investment of INR 546 crores will increase its yarn capacity from 5,89,248 spindles by an additional 94,848 spindles. […]
GHCL has reported a profit after tax of INR 244 crores for the fourth quarter of the fiscal year (Q4 FY22), a 126% growth, compared to INR 108 crores for the same quarter in the previous fiscal year. The Indian chemical and textile company said that its revenue for the reported quarter ended 31 March […]
Indo Count Industries Limited has wrapped up the previously announced INR 592.8 crores acquisition of the home textile business of GHCL Ltd. Through the deal, Indo Count Industries acquired certain assets in Bhilad, Vapi in Gujarat of Grace Home Fashions (GHF), the US subsidiary of GHCL. Indo Count Industries said that the deal enables it […]