SELMCL

Sel Manufacturing Company Limited has informed the Exchange that: "Sel Manufacturing Company Limited has acquired a majority stake in SEL Textiles Pvt. Ltd., thereby making it a subsidiary". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/SelMfg_Acquisition_27072009.zip target=NEW> For more details click here.</a>

Sel Manufacturing Company Limited has informed the Exchange that " SEL Manufacturing Company Limited has acquired the Manufacturing facilities of Preet Hosiery Exports Limited,Ludhiana. The said acquisition consists of installed capacity of 4.5 million pieces per annum of readymade garments. The said unit is catering to top end buyers of Europe/US. Such acquisition would help the company in value addition and increase in the overall capacity of manufacturing of readymade garments".

Sel Manufacturing Company Limited has informed the Exchange that: "SEL Manufacturing Company Limited has increased its stake to 99% in Kudu Industries, Ludhiana as a partner in the said partnership firm. The firm is having dyeing capacity of 4500 tons/p.a. in fabric and 3000 tons/p.a. in yarn. Further the firm also has Flat Bed Printing, Rotary Printing & Mercerising capacities of 2400 tons/p.a.. The acquisition of stake would help the company in value addition through manufacturing of dyed yarn & printing of fabric & readymade garments".