Deals24 Oct 2025, 12:28 pm
Kallam Textiles Ltd Enters into Job Work Agreement with Newgen Textiles LLP
AI Summary
Kallam Textiles Ltd has entered into a Job Work Agreement with Newgen Textiles LLP. The agreement is domestic and the company will convert cotton to yarn, receiving job work charges for the manufacturing of yarn. This transaction is in the best interest of the company, helping to utilize its unutilized manufacturing capacity.
Key Highlights
- Kallam Textiles Ltd has entered into a Job Work Agreement with Newgen Textiles LLP
- The agreement is domestic and the company will convert cotton to yarn
- The company will receive job work charges for the manufacturing of yarn
- This transaction is in the best interest of the company
- This will help in utilizing company’s unutilized manufacturing capacity