T T Limited signs MOU with U P Government

T T Limited has yesterday (23.08.2023) signed an MOU with U.P. Government to participate in PM Mitra Park at Lucknow, Uttar Pradesh for establishing Textile Vertical unit.

T T Limited has applied for 15 acres land in the main capital city of Uttar Pradesh and its link to entire Uttar Pradesh by express way.

Shri Sunil Mahnot, Director (Finance) has signed MOU with U. P. Government on 23rd August, 2023.

T.T. Limited will build a large size textile vertical unit from Fibre to Fashion at PM Mitra Park, Lucknow, Uttar Pradesh.

T T Limited has already started building factory at Hosiery Park, Kolkata, West Bengal and this would be completed in a years of time. A unit at Surat to manufacture fabric under upcoming Textile Ministry PLI-2 scheme is also under planning. Company is also planning to set up new Garment factory at Tamil Nadu.

Company is targeting major sell in export market for Garment, Fabric and Reusable Cotton (Spinnable cotton).

Company's Directors and its Executives are on high speed to implement aforesaid projects and start production as quick as possible.

These projects starts up a new path of growth of T T Limited and for all products of T T Brand.

Shares of T T Limited was last trading in BSE at Rs. 84.12 as compared to the previous close of Rs. 85.52. The total number of shares traded during the day was 274 in over 16 trades.

The stock hit an intraday high of Rs. 85.52 and intraday low of 84.05. The net turnover during the day was Rs. 23146.00.

Source : Equity Bulls

Keywords

TTLimited INE592B01016 MOU UPGovernment PMMitraPark Lucknow TextileVertical