Birla Cotsyn (India) Ltd

Birla Cotsyn Successfully Acquired Through NCLT-Approved Scheme ✅

• Birla Cotsyn (India) Limited (BSE: 533006) acquired through Composite Scheme of Compromise and Arrangement

• Acquirers: Nikhil Jain, Rohstoffe International Private Limited, and Wendt Finance Private Limited

• Scheme approved by NCLT, Mumbai Bench on January 09, 2025

• Final settlement/payment to Liquidator completed successfully

• Company now focused on restoring operations and resuming listing compliances

• Established in 1941, Birla Cotsyn is an integrated textile production company specializing in various yarns

• Strong sales network in India and abroad