SEL Manufacturing acquires facilities of Preet Hosiery Exports

MUMBAI: SEL Manufacturing has acquired manufacturing facilities of Ludhiana-based Preet Hosiery Exports. The facilities have installed capacity of 4.5 million pieces per annum of readymade garments. The unit caters to top end buyers of Europe and US. At 11:31 am, SEL Manufacturing share was at Rs 155.95, down 2.38 per cent on the BSE