Sumeet Industries Announces Rs. 23.47 Cr Acquisition to Strengthen Polyester Chips Capacity
Mar 25, 2026
Surat (Gujarat) [India], March 25: Sumeet Industries Limited, (NSE Code: SUMEETINDS, BSE Code: 514211), one of the leading integrated polyester manufacturers engaged in the production of Pet Chips, Partially Oriented Yarn (POY), Fully Drawn Yarn (FDY) and Polyester Texturized Yarn, has announced that it has been declared as the Successful Bidder (H1 Bidder) for the acquisition of assets at Phase-3: Chips Manufacturing Plant of Nakoda Limited under the Corporate Insolvency Resolution Process.
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