Vishal Fabrics Limited (BSE:538598) acquired 37.7% stake in Chiripal Textile Mills Pvt Ltd for INR 160 million on March 30, 2024. As of March 31, 2023, Chiripal Textile Mills Pvt Ltd reported turnover of INR 5.4 billion. As of March 31, 2023, Chiripal Textile Mills Pvt Ltd reported turnover of INR 540 million.

Vishal Fabrics Limited (BSE:538598) completed the acquisition of 37.7% stake in Chiripal Textile Mills Pvt Ltd on March 30, 2024.