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Sutlej Textiles announces expansion of Home Textiles division

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Capital Market
Last Updated : Sep 17 2014 | 10:15 PM IST

To close Fabrics division

Sutlej Textiles and Industries announced the following -

Expansion of operations at one of its units viz, Damanganga Home Textiles, Daheli, Bhilad Gujarat at a cost of Rs. 88.50 crore. The project will be implemented in FY 15-16 and the same will result in increasing its capacities in existing facility to 9.6 Mn metres p.a from 2.5 Mn metres p.a.

To close the operations of one of the Company's unit viz, Damanganga Fabrics, Daheli, Bhilad Gujarat in view of its uneconomic working.

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First Published: Sep 17 2014 | 9:22 PM IST

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