Date:11/10/11,
M&A,
Domestic Deal,
SEL Manufacturing Co Ltd, acquires 97.35% stake in Gujarat based Silverline Corp Ltd through it's wholly owned subsidiary, SEL textiles Ltd.
Silverline Corp Ltd had unit in Vadodara with a capacity of more than 70,000 spindles and not much is available about Silverline Corp.
SEL Manufacturing Ltd founded in 1969 and a part of RS Saluja Group of Companies. It manufactures yarns, knitted fabrics, readymade garments, and terry towels.
Silverline Corp Ltd had unit in Vadodara with a capacity of more than 70,000 spindles and not much is available about Silverline Corp.
SEL Manufacturing Ltd founded in 1969 and a part of RS Saluja Group of Companies. It manufactures yarns, knitted fabrics, readymade garments, and terry towels.
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