Stock-exchange

Reliance Looking To Acquire Textile Industry ‘Sintex’

Reliance Looking To Acquire Textile Industry ‘Sintex’

Reliance, partnering with Assets Care & Reconstruction Enterprise Ltd., plans to hire Sintex Industries Ltd. under the bankruptcy resolution process, Sintex revealed in a filing on Sunday.  Mukesh Ambani’s Reliance Industries Ltd., along with a partner, are planning to take over a bankrupt Indian Textile firm ━ Sintex Industries Ltd., according to a stock-exchange filing….