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Alok Industries Completes Sale Of Czech Textile Unit Mileta For Rs 5.6 Crore

Textile Insights October 12, 2026

Alok Industries has completed the sale of its entire stake in Czech textile manufacturer Mileta a.s. for EUR 558,825, equivalent to approximately Rs 5.6 crore. In a stock exchange filing dated October 9, 2026, the company said its step-down wholly owned subsidiary, Alok Industries International

Corporates

Thermax Textile Plans Major Stake Sale In SBAC Bank

Textile Insights August 22, 2024

Thermax Textile Mills, a sponsor shareholder of SBAC Bank PLC, has announced plans to sell the majority of its stake in the bank. Thermax Textile is part of the Thermax Group, led by Chairman Abdul Kadir Molla, who currently holds a 4.27% stake in SBAC Bank PLC. A senior official of the private bank confirmed […]

Alok Industries Completes Sale Of Czech Textile Unit Mileta For Rs 5.6 Crore

Thermax Textile Plans Major Stake Sale In SBAC Bank

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