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Garware Technical Fibres Ltd
Textiles - Products
BSE Code: 509557 NSE Symbol: GARFIBRES P/E : 42.05
ISIN Demat: INE276A01018 Div & Yield %: 0.17 EPS : 21.57
Book Value: 122.92 Market Cap (Rs. Cr.): 9,002.92 Face Value : 10
Garware Technical Fibres strengthens its European presence Back
(23 Jun 2025)
Garware Technical Fibres announced that its wholly owned UK-based subsidiary, Garware Technical Fibres UK, has entered into a definitive Share Purchase Agreement (SPA) to acquire Offshore & Trawl Supply AS (OTS), a Norway-based provider of advanced synthetic cordage solutions for the offshore oil & gas, aquaculture, marine and commercial fishing industries.

The acquisition marks a key milestone in GTFL's global growth journey and reinforces its commitment to delivering innovation-led, high-performance solutions to customers worldwide.