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Winsome Yarns to sell its knitting division to a leading Middle East-based apparel firm

Related Keywords: Middle East-based apparel firm, Winsome Yarns, yarn industry

Winsome Yarns Ltd, a Chandigarh-based yarn manufacturing company, a part of Kolkata-based Winsome Group, to improve efficiency and ensure better financial management in May 2013 the company took up a decision to undertake an internal restructuring by selling its knitting division to a Middle East-based company for an undisclosed amount, as per a stock market disclosure.

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