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Aastha Spintex completes ₹131.51 cr Falcon buy

PRIVATENov 07, 2026

Acquiring Company

Aastha Spintex Limited

Acquired Company

Falcon Yarns Private Limited

MumbaiIndiaManufacturingFashion

Description

Aastha Spintex Limited completed its ₹131.51 crore cash acquisition of 100% of Falcon Yarns Private Limited on November 7, 2026, making Falcon a wholly owned subsidiary. The transaction covered 3,94,53,600 equity shares and transferred Falcon's entire equity and controlling interest. The deal was not a related-party transaction and required no governmental or regulatory approvals.

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Company Information

Company

Aastha Spintex Limited

Location

Mumbai, Maharashtra, India

About

Aastha Spintex Limited is engaged in the manufacturing and trading of carded, combed, and compact combed cotton yarns and cotton bales. The company has built a significant foundation in the cotton yarn manufacturing industry through a focus on quality and operational excellence. Its integrated operations support sustainable energy initiatives, strengthening its market presence. They are now entering a new phase of development with their proposed public issue.

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Frequently asked

Who acquired Falcon Yarns Private Limited?

Falcon Yarns Private Limited was acquired by Aastha Spintex Limited, based in Mumbai. The deal was reported on November 7, 2026. Aastha Spintex Limited is engaged in the manufacturing and trading of carded, combed, and compact combed cotton yarns and cotton bales. Aastha Spintex Limited is privately held and operates in Manufacturing.

When did Aastha Spintex Limited acquire Falcon Yarns Private Limited?

Aastha Spintex Limited's acquisition of Falcon Yarns Private Limited was reported on November 7, 2026. Aastha Spintex Limited completed its ₹131.51 crore cash acquisition of 100% of Falcon Yarns Private Limited on November 7, 2026, making Falcon a wholly owned subsidiary. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Falcon Yarns Private Limited do?

Falcon Yarns operates a modern spinning facility in Gujarat. The company has an installed spinning capacity of 35,904 spindles and an annual production capability of 9,757 MT. It plays a significant role in the cotton yarn manufacturing sector. It is privately held, and is based in India.

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