RSWM Ltd. Approves Q2 Financial Results, Plans Spinning Assets Rationalization and Capex Upto ₹92 Crores

RSWM Ltd. has approved the unaudited financial results for the quarter ended 30 June, 2025. The Board has decided to rationalize spinning activities at Chhata Unit, transferring effective spindles to other spinning plants and disposing of surplus unusable machines. A capex of up to ₹92 Crores has been approved for upgradation and modernization of knitting operations at Mordi Unit and Chhata Unit. The Company has also granted in-principle approval for investment in Renewable Energy (Solar+Wind) capacity.