Five bidders in race for textile manufacturer Sumeet Industries
These bidders are UP-based Bhola Ram Papers & Power, Bhilosa Industries and Bhumi Tex Industries of Mumbai, Gujarat’s Eagle Group and Silvassa-based Geelon Industries, said people in the know. Two large companies – Reliance Industries and Kolkata-based Chatterjee Group company MCPI – have not submitted bids after earlier expressing interest in buying Sumeet Industries.
