ALPHA TRIBE

RRIL LtdBoard Meeting, 12-08-2025: Board Meeting

12-08-2025 | 05:50 pm

The company's Board has approved the financial results for the quarter ended June 30, 2025. A significant strategic move is the acquisition of up to 50% equity in Sumati Spintex Private Limited, a yarn manufacturer with a recent annual turnover over 150 Cr, for up to 6.05 Cr. This related-party transaction, conducted at arm's length, integrates similar business activities. The Board also appointed new Secretarial and Internal Auditors and set the 34th Annual General Meeting for September 15, 2025.

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