MintLean R·
Newly listed textile stock Aastha Spintex eyes capacity expansion through Falcon Yarns acquisition
Aastha Spintex plans to double its spinning capacity from 7,700 MT to 17,457 MT through the acquisition of Falcon Yarns. The deal, paid in tranches, aims to meet growing demand. Falcon Yarns reported a revenue increase, alongside significant profit growth over the past few years.
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