Donear Industries

Nov 13 (Reuters) - Donear Industries Ltd DONE.NS:

• SEPT-QUARTER CONSOL PROFIT 105.7 MILLION RUPEES

• SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 2.1 BILLION RUPEES

Source text: ID:nBSE789T1v

Further company coverage: DONE.NS

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** Shares of fabrics maker Donear Industries DONE.NS up 2.9%

** Stock hit intraday high earlier in the session, rising 5.2%

** Co acquired shares of unit Neo Stretch, which makes stretchable fabrics

** Acquisition represents 22% of total shareholding

** Stock on track to log second straight monthly loss - down 3.4% in March, longest monthly losing streak since April 2022

** Shares gained ~15% in 2023

(Reporting by Manvi Pant in Bengaluru)

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Nov 8 (Reuters) - Donear Industries Ltd DONE.NS:

• INDIA'S DONEAR INDUSTRIES SEPT-QUARTER PROFIT 49.1 MILLION RUPEES VERSUS PROFIT 95.3 MILLION RUPEES

• DONEAR INDUSTRIES SEPT-QUARTER REVENUE FROM OPERATIONS 1.7 BILLION RUPEES VERSUS 2.24 BILLION RUPEES

Source text for Eikon: ID:nBSE7SxkVF

Further company coverage: DONE.NS

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BENGALURU, July 12 (Reuters) - The retail arm of Reliance Industries RELI.NS is among three companies eligible to submit a plan for the debt-ridden Future Enterprises FURE.NS's bankruptcy proceedings, Future's resolution professional disclosed in an exchange filing on Wednesday.

Indian billionaire Mukesh Ambani's Reliance Retail Ventures, galvanised steel sheet maker Jindal (India) and Donear Industries-owned textiles maker GBTL DONE.NS have been listed as prospective resolution applicants for the Future Group company, said Avil Menezes.

Menezes is a court-appointed resolution professional overseeing the company's affairs during the bankruptcy proceedings.

Reliance Retail is also among a list of 49 companies eyeing another Future Group company, Future Retail FRTL.NS.

Future Enterprises houses various businesses such as supply chain solutions and insurance, while Future Retail used to operate brands such as department chain Big Bazaar and supermarket chain Easyday.

Future Retail was dragged into insolvency proceedings by banks in July 2022 after it defaulted on loans and its lenders rejected a $3.4 billion buyout by Reliance amid a legal challenge by Amazon.com Inc AMZN.O. Future Enterprises was admitted to insolvency in March.

In May, Future Retail said it received six bankruptcy resolution bids without disclosing the names of the bidders.

(Reporting by Nandan Mandayam in Bengaluru; Editing by Janane Venkatraman)

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