Tag: Sintex Industries

Reliance Industries completes Sintex Textiles acquisition

admin- March 30, 2023

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

admin- January 13, 2022

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

admin- October 29, 2021

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

admin- May 13, 2021

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

admin- April 16, 2021

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

admin- June 1, 2019

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