SEL Manufacturing acquires 99% stake in firm Kudu Industries
SEL Manufacturing Company Ltd has informed BSE that the Company has increased its stake to 99% in Kudu Industries, Ludhiana as a partner in the said partnership firm. The firm is having dyeing capacity of 4500 tons/p.a. in fabric and 3000 tons/p.a. in yarn. Further the firm also has Flat Bed Printing, Rotary Printing & Mercerising capacities of 2400 tons/p.a. The acquisition of stake would help the Company in value addition through manufacturing of dyed yarn & printing of fabric & readymade garments.
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