Related Keywords: acquisition of Birla Textiles Mills, CCI gives approval, cotton blended and acrylic yarns, flagship company of KK Birla Group, including net current assests, produces synthetic, Sutlej Textiles and Industries, textile division of Chambal Fertilisers and Chemicals Ltd, textile value-chain from yarns to home textiles
Sutlej Textiles and Industries, the flagship company of KK Birla Group, has got approval for the Rs233 crore deal for the acquisition of Birla Textile Mills, the textile division of Chambal Fertilisers and Chemicals Ltd., location at Baddi in Himachal Pradesh from the Competition Commission of India (CCI).
Sutlej Textiles in a filing to the BSE said that the Competition Commission of India has communicated to them their approval of the Proposed Combination.
