AASTHA : ACQUIRES 100% OF FALCON YARNS WORTH OVER RS 131 CR

• Company has fully acquired 100% equity share capital of Falcon Yarns Private Limited, which is now a wholly owned subsidiary • Aggregate cash consideration of ₹131.51 Cr for 3,94,53,600 equity shares • Falcon Yarns is engaged in textile manufacturing and finishing, mainly hosiery combed cotton yarn and cotton products; incorporated June 30, 2015 • Target turnover at ₹225.47 Cr in FY26, ₹249.44 Cr in FY25 and ₹220.35 Cr in FY24 • Company expects the acquisition to enhance production capacity, broaden customer base and strengthen order book

Aastha Spintex Ltd

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