Jindal Worldwide Ltd has chalked out a major expansion plan in home textiles sector. The company is to set up a new processing facility with dying and printing process which will be started shortly. The Company has also decided to start commercial production
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| of Denim by September 15 in the Board of Directors' meeting. The Board has also approved 10% dividend for the year ended on March 31, 2005 and proposed to increase its authorized capital by Rs100mn. Further, to part finance the expansion cum diversification plan, company would come out with public issue at a later date. 
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