Investment3 Jan 2026, 03:00 pm
Borana Weaves Ltd Approves Investment of Rs. 1 Crore in Attero Recycling Private Limited
AI Summary
Borana Weaves Limited has informed the Exchange regarding a Board meeting held on January 03, 2026. During the meeting, the Board of Directors approved an investment of Rs. 1,00,00,000 (Rupees One Crore only) in Attero Recycling Private Limited. The investment is strategic and will be made in cash. The exact percentage of shareholding or control to be acquired is yet to be determined post completion. The Board approved the investment on January 3, 2026, and it is expected to be completed within the timelines permitted under applicable laws.
Key Highlights
- Borana Weaves Ltd approved an investment of Rs. 1,00,00,000 in Attero Recycling Private Limited
- The investment is strategic and will be made in cash
- The exact percentage of shareholding or control to be acquired is yet to be determined post completion
- The Board approved the investment on January 3, 2026
- The investment is expected to be completed within the timelines permitted under applicable laws