Winsome Textile clarifies on news item regarding acquisition

With reference to the news item appearing in a leading financial daily titled "Global acquisition buzz boosts Winsome", Winsome Textile Industries Ltd has clarified that the Company has nothing to do with the acquisitions in Romania or Italy. In fact, M/s. Winsome Yarns Ltd, a sister concern of the Company is in the process of these foreign acquisition. M/s. Winsome Yarn Ltd is listed at BSE & NSE and due disclosure about above activities has been made by M/s. Winsome Yarns Ltd from time to time.

Source : Equity Bulls

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