Borana Weaves Limited Approved as Participant in PLI Scheme for Textiles - Round 3
Borana Weaves Limited has received official approval from the Ministry of Textiles, Government of India, to participate as a participant company under the Production Linked Incentive (PLI) Scheme for Textiles.The Ministry's approval formally inducts Borana Weaves Limited into the PLI Scheme for Textiles - Round 3 (PLI-Textiles). This status follows the selection of the company in the scheme, which encompasses MMF Apparel, MMF Fabrics, and Technical Textiles.
According to the official documentation, the induction of the company was granted after it confirmed its intent to set up a separate project unit to participate in the PLI Scheme. The Ministry conveyed this approval as part of a process initiated following the company's selection notification on June 16, 2026.
This endorsement provides Borana Weaves Limited with participation status under the PLI scheme.
BORANA Stock Price Movement
Shares of Borana Weaves Limited rally in live trading, hitting ₹318.5 as of 3:06 PM today after jumping 3.53% on the day. The equity shows robust market interest, with a total traded volume of 54,844 shares recorded so far.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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