RSWM Limited
RSWM Ltd. is a textile manufacturer and exporter of Synthetic, Blended, Mélange, Cotton, Specialty value added yarns and also manufactures Fabrics, Denim and Green Polyester Fiber.
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RSWM received a voluntary ESG rating of 59 from a SEBI-registered provider, based on publicly available data. The company has not verified this data.
RSWM's joint venture company, LNJ NDS9 Global Private Limited, has been incorporated to set up a Denim Garment facility. The project has an estimated cost of ₹186.30 crore, with RSWM holding a 74% stake in the new entity.
Income Tax officials visited RSWM's corporate office for checking books of accounts. The company fully cooperated with the department, emphasizing its commitment to the highest ethical and corporate governance practices.
RSWM formed a Joint Venture with Spain's NDS9 to establish India's first Industry 5.0 green garment manufacturing platform. Initial investment for Phase 1 is ~186 Cr. This strategic move targets premium denim and activewear for international brands.
RSWM executed a JV with NDS9 for a new ₹186.30 Cr Denim Garment facility. RSWM holds 74%, NDS9 26%. RSWM will initially subscribe ₹0.74 Cr, NDS9 ₹0.26 Cr in equity. Project funding is 30% equity, 70% term loans.