Textile
60 recent notes from companies in this sector. 20 companies tracked.
Lux Industries bets ₹600 cr on Asia's largest garment plant
The board approved a Dankuni expansion adding 12 lakh sq ft and 18-20 cr pieces annual capacity, with incremental revenue potential of ₹900–1,000 cr — over 30% of FY26 revenue.
Spice Islands signs ₹350 cr related-party deal, bigger than its market cap
The nano-cap textile firm's board cleared a ₹350 crore transaction with Chapra Capital Ventures, exceeding its entire market value of ₹333 crore, alongside a 1:5 share split and a JV.
Arvind Ltd board approves ₹600 cr QIP, seeks shareholder nod
The fundraise amounts to ~4% of the company's market cap and signals potential capital deployment; shareholder approval via postal ballot is the next step.
Callista promoter buys 16 lakh warrants, puts ₹40 lakh upfront
Promoter group member Himanshu Parmar acquired convertible warrants that could bring ₹1.6 crore into the nano-cap textile firm, signalling insider confidence but dilution risk.
Callista promoter puts ₹40 lakh down on warrants that could dilute equity by 23%
Ravi Jabbar Sharma paid 25% upfront for 16 lakh warrants. Full conversion would bring ₹2.8 crore and add 23% to the equity base.
Trident Texofab pockets ₹1.59 cr as 9.11 lakh warrants lapse
Warrants from December 2024 preferential issue went unexercised. The upfront cash equals about 2.9% of market cap, a material one-time gain for the nano-cap.
Orbit Exports to mull buyback on July 7
Micro-cap textile exporter's board meeting sets stage for possible share repurchase; trailing PAT fell 85.4%.
SBC Exports wins ₹32 cr extension on BHU manpower contract
Six-month extension at same terms follows satisfactory performance. ₹32 crore order represents ~7.7% of annualised revenue for the micro-cap.
Borana Weaves enters PLI scheme for MMF Fabrics
The Ministry of Textiles has approved Borana Weaves for Round 3 of the PLI scheme. Incentives will depend on incremental investment and sales.
SEBI bans Vishal Fabrics promoters for 4 years, fines ₹5 lakh each
Vedprakash and Savitridevi Chiripal hit with market ban and penalty. For a ₹513 cr textile firm with weak cash flow, the governance signal is sharper than the fine.
SEBI bars Nandan Denim promoter for 4 years, fines ₹5 lakh
Promoter group member Vedprakash Chiripal faces a four-year securities market ban and a monetary penalty. The company says no material financial or operational impact, but governance perception risks linger.
Faze Three lands PLI approval for MMF fabrics, technical textiles
Micro-cap textile maker gets government nod for incentive on incremental sales. Quantum not yet disclosed, but for a ₹1,460-cr company, the boost could be meaningful.
Kiran Syntex to absorb Gujarat Kiran Polytex in 14.857:1 share swap
Merger creates a combined textile entity with ₹44.5 cr revenue and ₹7.6 cr net worth. Share count quadruples to 1.65 crore.
Suryavanshi promoter buys 5% stake in bet on turnaround
Rajender Kumar Agarwal acquired 2.4 lakh shares off-market, lifting his holding to 47.26%. The micro-cap spinner recently swung to profit after years of losses.
Arvind board to meet July 3; ₹600 cr QIP expected per earlier report
The board will consider equity fundraise options; prior coverage indicates approval of a ₹600 cr QIP, about 4% of market cap, on the same date.
Ruby Mills labour stoppage at Dhamni unit over wage talks
Disruption confined to one department; other divisions running. No material financial loss expected.
Spice Islands to consider 1:5 stock split at July 3 board meet
The nano-cap also plans to promote Sandeep Merchant to Managing Director and Vice Chairman, continuing a series of corporate moves.
Baroda Rayon locks in ₹80 cr loan from Aditya Birla Capital
The nano-cap firm refinances ₹32 cr of consortium debt and gets ₹48 cr fresh funds, consolidating borrowing to a single lender.
Rajnandini Fashion promoter buys 56,000 shares, stake at 69%
Vikesh Lunawat adds 56,000 shares for a 0.54 percentage point increase. The purchase is tiny against a ₹49 cr market cap and unlikely to move the needle.
Texel gets AASHTO nod, opens US federal projects market
The certification for its Kheda geotextiles facility qualifies Texel for US DOT-funded transportation projects. For a ₹86 cr nano-cap with declining revenue, this is a potential game-changer – but no order yet.
Jamshri Realty promoters gift entire 62.89% stake to son
Premratan Damani and Bimladevi Damani exit completely, transferring control to Rajesh Damani via a gift deed at no consideration. The off-market transfer of 43.93 lakh shares is exempt from open offer as an immediate relative transaction.
Virat Industries drops toothbrush business for textiles and real estate
After a ₹100 cr promoter preferential allotment, the micro-cap abandons oral care to pivot into textile, investment, and real estate. Shareholder nod needed.
NCLAT halts Kallam Textiles insolvency, opens door for restructuring
The tribunal gives suspended directors four weeks to submit a plan to creditors. Equity holders get a second chance as the company stays operational.
Binny's quarterly profit gets a settlement boost, but auditors flag same old concerns
Revenue up 32% sequentially to ₹19.08 cr, net profit ₹11.55 cr, thanks to ₹41.89 cr JDA settlement revenue. But auditor repeats qualified opinion on ₹29 cr in stranded advances and ₹19 cr receivable.
Prakash Woollen posts FY26 net loss despite subsidies, land gains
Revenue flat at ₹106.25 crore; auditor gives unmodified opinion. The company swung from a ₹125.65 lakh profit to a ₹88.77 lakh loss.
Century Enka inks PPA for captive wind-solar hybrid plant
The 9.9 MW facility will power the Bhosari factory under related-party terms. Commissioning targeted by June 2026.
Callista Industries to raise half its market cap via preferential issue
BSE clears ₹26.9 cr preferential issue of warrants and shares at ₹10 each for a nano-cap with negative net worth and zero revenue.
Sumeet Industries lays out ₹199.75 cr rights issue use, guides 30% growth
The company allocates ₹100 cr to working capital and ₹49.90 cr to integrate the Nakoda plant, with explicit revenue guidance of ~₹1,370 cr in FY27 and nearly doubling in FY28, plus EBITDA margin targets of 5-6.5%.
Vivaa Tradecom calls board meet for rights issue, details unknown
The ₹23 cr textile firm's surprise proposal could dilute existing holders. Size, pricing and use of funds are still a mystery.
Candour Techtex logs ₹146.89 lakh loss, pivots to defense, aerospace
Revenue fell 69% to ₹5,812.93 lakh in FY26. Board seeks shareholder nod to add naval and aerospace lines at July 22 EGM.
Candour Techtex posts loss in FY26, pivots to defense and aerospace
Net loss of ₹146.89 lakh vs profit of ₹67.28 lakh a year ago; revenue drops 69% to ₹5,812.93 lakh. Board proposes MOA change to include naval/defense shipbuilding and aerospace engineering.
Dollar sets July vote on scheme to bring trademark in-house
NCLT orders meetings for 22 July 2026 on composite scheme: demerger of Dindayal Texpro's hosiery unit and amalgamation of eight promoter entities, including Dollar Brands, which owns the 'Dollar' trademark.
RLF swaps ₹1.36 cr promoter debt for equity, dilutes by 12%
Cash-strapped nano-cap textile company converts unsecured loans into shares, lifting promoter stake to 42.44% and tackling auditor's going-concern flag without cash outlay.
Eastern Silk CFO steps down, stays on as executive director
Sunil Kumar resigns as CFO but continues as Executive Director, citing a focus on strategy. The ₹25 cr nano-cap textile firm plans to bring in a new CFO.
T.T. Ltd pockets ₹2.44 cr from warrant lapse, 8x last year's profit
8 lakh convertible warrants issued in Dec 2024 lapsed unexercised; upfront payment forfeited, providing a cash windfall equal to 1.39% of market cap for the nano-cap textile firm.
SK International's operations revenue sinks 93%; auditor flags going concern
FY26 net loss of ₹29.67 lakh versus profit of ₹216.53 lakh last year. Unverified loans of ₹160.75 lakh and asset write-offs cast doubt on survival.
RLF to convert promoter loan into equity, terms unknown
A board meeting will consider preferential allotment to turn debt into equity. No loan size or conversion price disclosed yet.
S.P. Apparels lends ₹42 cr to UK arm — routine but sizeable
The unsecured loan at 9% for three years is the largest equity-like infusion to date but was already telegraphed. It supports working capital, not a new strategy.
A minor just took 6.36% of Weizmann via an off-market gift.
Mira Ankit Khambhati, a minor, received 985,308 shares from Kanan Neelkamal Siraj in a gift transaction. The acquirer had no prior stake and is not part of the promoter group.
Osiajee swings to a tiny profit on a smaller base
Standalone PAT of ₹63.93 lakh reverses a prior-year loss. The result is routine.
Spice Islands taps Wockhardt scion as new chairman
Dr. Huzaifa Khorakiwala, an executive director at Wockhardt and a prominent humanitarian, joins as non-executive chairman. Real estate veteran Nikhil Mathur also joins the board.
Mafatlal gets ₹8.63 cr environmental penalty for Nadiad unit
Central Ground Water Authority has slapped Mafatlal with compensation for a delayed NOC application. The company is contesting.
Loyal Textile's CEO quits mid-restructure
N Srinivasan left June 9, effective June 30, citing personal reasons. The board handed control to Executive Director M.E. Manivannan the next day.
Padam Cotton lent ₹2.48 cr of rights-issue money to two undisclosed firms
Its monitoring agency says ₹2.85 cr, or 15.23% of the raise, went to loans not in the prospectus. That's 12.95% of the company's market cap.
Indo Count aims for ₹5,500 cr in FY27, with new US business set to double
The textile maker’s record-year bet hinges on scaling a US bedding and brands operation that barely existed two years ago.
Prakash Woollen pockets ₹6.48 cr from NHAI. That's a quarter of the company.
An appellate authority awarded the nano-cap enhanced compensation for land taken in 2019-20. The cash inflow equals 26% of its current market value.
Kundan Edifice targets 25-30% growth after first ₹100 crore year
Management guided for a step-up in growth now that three new business lines are live and the company eyes a mainboard listing.
Popees Baby Care turns profitable, but the results are a filing update
The nano-cap posted Q4 revenue of ₹260.34 lakh versus nil a year ago. The numbers themselves are not new.
Popees Baby Care swings to profit on ₹260 lakh revenue
The nano-cap baby-care firm posted its first quarterly profit in the period, reversing a year-ago loss with ₹260.34 lakh in sales.
Spice Islands takes 60% in a wellness-beverage JV led by a Wockhardt promoter
The nano-cap is launching 'PEACE ROGERS' fortified drinks through a joint venture. The filing discloses no investment amount.
SPL Industries reappoints MD after tenure lapsed
The board brings back Mukesh Kumar Aggarwal for five years, ending a leadership gap flagged after his term ended in May.
SBC Exports freezes ₹99 cr promoter debt conversion
A micro-cap's plan to wipe ₹99.05 crore off its promoter loans is now stuck in procedural limbo, with withdrawal on the table.
Eswara Rao Nandam buys 8.28% of Padam Cotton Yarns in a day.
The open-market purchases make the zero-to-big-block holder the largest single shareholder in a nano-cap with no promoter.
Spice Energy forgives ₹3.57 cr loan, erasing most of SRM Energy's negative net worth.
The write-off is 22% of SRM Energy's ₹16 cr market cap and nearly offsets its ₹3.66 cr deficit.
Atvo's ₹283 cr market cap sits on ₹21 lakh of profit
A 92% profit jump is from a minuscule base. The company's absolute earnings are negligible against its valuation.
Binny posts profit but auditor flags ₹29 cr in unverified advances
A delayed Q2 filing brings a qualified opinion. The auditor still can't vouch for money advanced to RRB Energy.
Gokaldas Exports lines up 12+ big-ticket fund managers for Mumbai meetings
The mid-cap apparel maker is hosting Helios, Goldman Sachs, Fidelity, and top domestic AMCs for sit-downs from June 8-10, right after annual results and management transitions.
Himatsingka's transcript adds nothing to its ₹4,000 cr revenue target.
The formal record of the May 29 earnings call repeats guidance already given. The document is an archive, not a catalyst.
Signoria targets ₹80 cr revenue, but can't explain its own export numbers
Management guided for ₹80 cr FY27 revenue and ₹120 cr the year after, but gave contradictory guidance on exports from the same stage.
Globale Tessile's company secretary quits, second key exit this year
The nano-cap textile maker's compliance officer is gone, following a CFO departure. Two senior exits at a ₹14-crore market-cap firm raise governance questions.