Riba Textiles to set up second terry towels plant in Panipat
12 Mar '09
1 min read
With reference to the earlier announcement dated March 12, 2009 regarding intimation of Board Meeting, Riba Textiles Ltd has now clarified to a revised intimation of Board Meeting should be read as follows :
"1. To consider declaration of Interim Dividend.
2. To consider splitting the face value of shares.
3. To consider setting up of IInd towels plant in Panipat, with a capacity of 5000 metric tons per annum."
Riba Textiles Limited, an 100% Export Oriented Terry Towels manufacturing unit is situated 100 Kms from New Delhi in the state of Haryana.Riba is an fully integrated unit with a state of the art composite plant encompassing Dyeing. Weaving, and Finishing.
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