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Techtextil  Frankfurt 2024: Connect With The Trützschler Group

Techtextil  Frankfurt 2024: Connect With The Trützschler Group
textileworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from textileworld.com Daily Mail and Mail on Sunday newspapers.

Trützschler Card Clothing (TCC): A 20-Year Success Story

Trützschler Card Clothing (TCC): A 20-Year Success Story
textileworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from textileworld.com Daily Mail and Mail on Sunday newspapers.

Trützschler Card Clothing Z-Wire: Outstanding Web Forming At High Speeds

Trützschler Card Clothing Z-Wire: Outstanding Web Forming At High Speeds
textileworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from textileworld.com Daily Mail and Mail on Sunday newspapers.

Indian Card Clothing: Investors concerned over equity recast at Indian Card Clothing

The company, which makes card clothing and card room accessories for textile carding machines and has a market value of ₹162 crore, announced its issued paid-up capital will be cut from from 5.94 million shares of ₹10 each to 29,705 shares of ₹2,000 each to save overhead and administrative costs . Fractional shares that cannot be combined to form whole shares will be cancelled, and shareholders will receive compensation equivalent to the fair value, it said.

INDIAN CARD CLOTHING – Consolidation or Reverse Split To Prepare for Delisting?

An interesting notice was brought to my attention last week. It is a disclosure by Indian Card Clothing about its proposal to reduce the number of shareholders by implementing what is known as a ‘reverse split’ but has been referred to as a consolidation exercise by raising the nominal value or face value from Rs10 to a hefty Rs2,000 each.

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