Manomay Tex India Approves Major Denim And Spinning Expansion

Board approved expansion of the Denim Fabric division through an RFD line for bottom-weight fabrics and chinos, expected to add 10 million metres of annual capacity, and the Spinning Yarn division through new coarse-count spindles, adding approximately 1,080 MT annually. The expansion extends Manomay’s integrated denim-to-yarn manufacturing strategy and broadens its product range; spinning is already operational, while the newer apparel and e-commerce business remains at an early commercialization stage. The filing does not disclose expansion capex, funding structure, implementation timeline, utilization targets or expected returns. Three additional independent directors were appointed, subject to shareholder approval, with committee responsibilities reconstituted.