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| Exchange Disseminated Time | SEL Manufacturing Company Ltd has informed BSE that SEL Textiles Ltd., a subsidiary of the Company proposes a Public Issue of Equity Shares through 100% book building method in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 and has filed a Draft Red Herring Prospectus with the Securities and Exchange Board of India.
SEL Textiles Ltd. (the Company) proposes to finance the cost of Setting up a new facility for manufacturing of Terry Towels with an installed capacity of 3600 TPA out of the net proceeds of the issue. |
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