MoU10 Jan 2024, 06:04 pm
GHCL Textiles Ltd signs MoU with Tamil Nadu Government for Rs. 535 Cr investment
AI Summary
GHCL Textiles Ltd has entered into a non-binding Memorandum of Understanding (MoU) with Guidance, the Nodal Agency of Government of Tamil Nadu for investing Rs. 535 Crores over a period of four years as part of the Tamil Nadu Global Investors Meet 2024. The signed copy of the MoU was received on January 09, 2024 and this MoU does not have a material impact on the operations of the Company at present.,
Key Highlights
- GHCL Textiles Ltd signs MoU with Tamil Nadu Government for Rs. 535 Cr investment
- Non-binding MoU for investing Rs. 535 Crores over four years
- No material impact on operations at present