Morarjee Textiles, which is owned by Piramal group, recently announced plans to acquire 49 per cent stake of Just Textiles. The company has signed an agreement to acquire 49 per cent stake in the Mumbai-based processing house Just Textiles, it has informed the stock exchanges. Morarjee
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| Textiles is well poised to capitalise on the opportunities under the WTO regime. Currently, the company is planning to organise funds for its expansion programme. The Rs 3,000-crore Piramal group, which has diversified interests in pharmaceuticals, real estate, textile and engineering, underwent a reorganisation of its top management in June last. 
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