The Promoter Group (Eagle Fibre Limited, JPB Fibres, Rohan D Modh, and Supreme (India) Impex Limited) bought 1,49,00,000 shares of Sumeet Industries via open market, increasing its stake from 24.80% to 26.94% on August 12, 2026.
A manufacturer of polyester chips and polyester yarns, Sumeet Industries serves the textile and industrial sectors across India and internationally. Incorporated in 1993, the company specializes in producing high-quality polyester intermediates and finished yarn products used in fabric production and related applications. Its vertically integrated operations in polyester manufacturing enable efficient production and reliable supply of essential raw materials to downstream textile processors and converters.
