A B Cotspin India Limited Acquires Land for Expansion for ₹60 Lakhs
A B Cotspin India Limited has executed an agreement to purchase land for its approved expansion plan in the textile sector. This initiative is a continuation of the Board's approval for business expan...
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Why is A B Cotspin India Limited in the news today?
A B Cotspin India Limited (ABCOTS) is in the news due to the company is acquiring land for business expansion, indicating growth and investment in its operations, which is a positive development.
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A B Cotspin India Limited Acquires Land for Expansion for ₹60 Lakhs
December 18, 2025, 11:43 AM
A B Cotspin India Limited has executed an agreement to purchase land for its approved expansion plan in the textile sector. This initiative is a continuation of the Board's approval for business expansion, initially disclosed on July 22, 2025.
The land acquired is located in Village Gumti Khurd, Tehsil-Jaitu, Distt-Faridkot, Punjab, measuring 27 Kanal-15 Marla. The transaction, which took place on December 18, 2025, involved a consideration of ₹60,00,000 (Sixty Lakhs only).
This acquisition is a key step in the company's strategy to invest further in the textile sector and is in line with the previously approved expansion strategy. The details of this transaction are being disclosed in compliance with SEBI regulations.
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