Reliance Weaving Mills to invest Rs3,500 Mill in the spinning project

MG News | April 01, 2021 at 03:21 PM GMT+05:00

0:00

April 01, 2021 (MLN): The Board of Directors of Reliance Weaving Mills Limited (REWM), in its meeting, held today, has approved to invest an amount of Rs. 3,500 Million in the Spinning Project and Rs. 1,000 Million in the Weaving Project by way of Debt & Equity Financing and subject to the compliance of all statutory & legal requirements.

The above-mentioned details were disseminated by a company via a notification to Exchange on Thursday.

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