Acquisitions6 Nov 2025, 05:22 pm
RSWM Ltd to Purchase 100% Shareholding in LNJ Greenpet Private Limited for Rs. 20.01 Crore
AI Summary
RSWM Ltd has announced the purchase of 100% shareholding in LNJ Greenpet Private Limited from Bhilwara Energy Limited at a total consideration of Rs. 20.01 crore. Upon completion of procedural requirements, LNJ Greenpet will become a wholly owned subsidiary of the company. The company also announced the closure of spinning operations at Chhata unit and released its unaudited financial results for the quarter and half year ended 30th September, 2025.
Key Highlights
- RSWM Ltd to acquire 100% shareholding in LNJ Greenpet Private Limited
- Total consideration of Rs. 20.01 crore
- LNJ Greenpet to become wholly owned subsidiary of RSWM Ltd
- Closure of spinning operations at Chhata unit
- Release of unaudited financial results for Q2 and H1 2025