Aastha Spintex Limited has successfully completed the acquisition of 100% equity share capital of Falcon Yarns Private Limited. This strategic move, finalized on November 7, 2026, makes Falcon Yarns a wholly-owned subsidiary of Aastha Spintex. The acquisition is expected to enhance production capacity, broaden the customer base, and strengthen the company’s order book, driving revenue growth.
Aastha Spintex Completes Falcon Yarns Acquisition
Aastha Spintex Limited has announced the successful completion of its acquisition of 100% equity share capital of Falcon Yarns Private Limited. This significant development, confirmed on November 7, 2026, marks Falcon Yarns as a wholly-owned subsidiary of Aastha Spintex.
Strategic Rationale and Impact
The acquisition was initially outlined in a Share Purchase Agreement dated September 22, 2025. The strategic intent behind acquiring Falcon Yarns, which is engaged in textile manufacturing and finishing, specifically hosiery combed cotton yarn and cotton products, is to grow and expand Aastha Spintex’s business. The company anticipates that this move will significantly enhance its production capacity, broaden its customer base, and strengthen its order book, ultimately driving revenue growth and improving operational efficiency.
Board Appointments
Further to the acquisition, the Board of Directors of Aastha Spintex Limited, during their meeting on November 7, 2026, recommended the appointment of Mr. Shyamsunder Kiranbhai Panchal as an Independent Director on the Board of Falcon Yarns Private Limited.
Acquisition Details
The total consideration for the acquisition was ₹13,151 lakhs for 3,94,53,600 Equity Shares. Falcon Yarns Private Limited was incorporated on June 30, 2015, and operates in the textile manufacturing and finishing sector.
Key Financials of Falcon Yarns
| Financial Year | Turnover (in Lakhs) |
| 2025-26 | 22,546.65 |
| 2024-25 | 24,944.39 |
| 2023-24 | 22,035.14 |
Source: BSE
