RSWM Limited , a part of the LNJ Bhilwara Group, has taken a significant step towards enhancing its renewable energy capacity by entering into a Power Supply and Management Agreement with Powerpulse Trading Solutions Limited, a subsidiary of Adani Green Energy Limited. The agreement, signed on September 4, 2025, aims to secure 25 MW of renewable energy comprising solar and wind power under a Group Captive Scheme.

Key Highlights of the Agreement

• RSWM Limited has partnered with Powerpulse Trading Solutions Limited, a power supply arm of Adani Green Energy Limited.
• The agreement is for 25 MW of renewable energy, including both solar and wind power.
• The power will be supplied under a Group Captive Scheme.
• Additional related agreements are currently being finalized and will be executed shortly.

Strategic Implications

This move aligns with RSWM's sustainability goals and demonstrates the company's commitment to shifting its power demand towards renewable energy sources. The agreement is expected to significantly enhance RSWM's existing renewable energy capacity, contributing to its overall environmental strategy.

Company Statement

In its disclosure to the stock exchanges, RSWM Limited stated, "This will enhance the overall existing Renewable Energy capacity of the Company and shall help the Company to comply with Sustainability goal by shifting maximum possible power demand through maximum Renewable Energy Sources."

Relationship Disclosure

It's worth noting that Powerpulse Trading Solutions Limited is not a related party to RSWM Limited, as explicitly mentioned in the company's disclosure to the stock exchanges.

The strategic partnership between RSWM Limited and the Adani Green Energy subsidiary marks a significant step in the textile company's journey towards sustainable operations. As businesses increasingly focus on reducing their carbon footprint, such agreements in the renewable energy sector are likely to become more common across industries.

RSWM Limited , a leading textile manufacturer, has announced plans to close spinning operations at its Chhata facility as part of a strategic rationalization effort. This decision comes as the company reports a significant turnaround in its financial performance for the first quarter.

Closure of Chhata Spinning Operations

The company's board has approved the closure of spinning activities at the Chhata unit, citing limited use of the old spinning assets acquired at this location. RSWM plans to transfer existing usable spindles and accessories to other spinning plants for modernization of old machinery and dispose of surplus unusable machines in the market. However, the knitting operations at the Chhata Unit will continue.

The Chhata unit contributed ₹329.00 crore, or 6.82% of RSWM's consolidated turnover in the previous financial year. The written-down value of the plant and machinery at this unit was ₹27.00 crore as of March 31, and the facility had been incurring losses.

RSWM expects the rationalization process to be completed within 6-8 months. This move is aimed at optimizing costs and improving operational efficiency across the company's manufacturing footprint.

Q1 Financial Performance

Alongside this strategic decision, RSWM has reported a strong financial performance for Q1:

Strategic Initiatives

In addition to the Chhata unit closure, RSWM has announced several strategic initiatives:

1. Knitting Operations Upgrade: The board has granted in-principle approval for capex of up to ₹92.00 crore towards upgrading and modernizing knitting operations at the Mordi and Chhata units.

2. Renewable Energy Investment: RSWM plans to invest in additional renewable energy capacity, with orders placed for 10 MW of behind-the-meter captive power and discussions underway for 25 MW more.

3. Operational Efficiency: The company is focusing on streamlining processes, reducing waste, and tightening financial discipline to improve overall efficiency.

4. Product Mix Optimization: RSWM aims to prioritize higher-margin synthetic yarns and export-focused products to strengthen its competitiveness.

Riju Jhunjhunwala, Chairman & Managing Director of RSWM, commented on the company's outlook: "This will be a pivotal year for the Indian textile sector as global dynamics evolve. Our industry continues its growth journey, supported by stable domestic demand, strong manufacturing capabilities, and a sharper focus on sustainability."

The closure of the Chhata spinning operations, combined with these strategic initiatives and the positive Q1 results, signals RSWM's commitment to operational optimization and long-term growth in a challenging global textile market.