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Trident Texofab gets nod to increase borrowing limit

Trident Texofab has received an approval to increase the borrowing limit under 180(1) (A) of the Companies Act, 2013 from Rs 35 crore to Rs 100 crore subject to approval of the members at ensuing AGM. The Board of Directors of the company in their meeting held on May 30, 2019, approved the same.

Trident Texofab is a multi-product fabric trading company and its range includes home furnishing, bedsheets, scarfs, pareos, suiting and shirting and technical textile fabrics, etc. Its product portfolio includes finished, unfinished fabrics and value added fabrics.

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