Tag: Sintex Industries
Reliance Industries completes Sintex Textiles acquisition
Reliance had jointly bid for Sintex along with Assets Care & Reconstruction Enterprise (ACRE). Mukesh Ambani-promoted Reliance Industries, India's biggest company by market value, has ... Read More
Reliance ACRE, Welspun Compete to Buy Sintex Industries
Reliance Industries Ltd (RIL) and Welspun are the leading contenders to acquire bankrupt SintexIndustries, said people with knowledge of the matter. Gujarat RIL, in partnership ... Read More
Reliance Industries submits EoI to buy bankrupt Sintex
Reliance Industries Ltd, among others, have submitted expressions of interest (EoI) for bankrupt Sintex Industries Ltd, according to The Economic Times report. Read More
Sintex Industries has been filed for insolvency by NCLT
The National Company Law Tribunal (NCLT) has admitted an insolvency petition against Sintex Industries, a popular textile and yarn manufacturer in India, as it failed ... Read More
Creditors push Sintex Industries towards bankruptcy
Soon after Sintex Industries, a popular textile and yarn manufacturer, disclosed in June 2019 about a Rs 900 million default on bonds, Invesco Asset Management ... Read More
Sintex goes with A.T.E. for greenfield processing project
A.T.E. has recently worked with Sintex in executing several huge spinning projects, and a new yarn dyeing project is set to be the next milestone ... Read More