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RSWM Ltd: Stock jumps after signing agreement with Adani Green Energy subsidiary

RSWM Limited has signed a Power Supply and Management Agreement with Adani Green Energy’s arm for solar and wind power under the Group Captive Scheme to boost renewable energy capacity.
Adani Green Energy Ltd

Introduction

Leading textile manufacturer has signed a Power Supply and Management Agreement with Powerpulse Trading Solutions Limited, an Adani Green Energy arm, for renewable energy supply under the Group Captive Scheme, covering solar and wind power sources.

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Share price movement of RSWM

On September 5, 2025, RSWM Ltd opened at ₹155.75, up 1.63% from its previous close of ₹153.25. The stock reached a high of ₹157.15 and a low of ₹155.40. By 11:21 AM, it traded at ₹155.40, a 1.40% increase, with a market cap of ₹731.96 crore.

RSWM Signs Agreement with Adani Green Energy Arm

RSWM Limited entered into a Power Supply and Management Agreement with Powerpulse Trading Solutions Limited, a unit of Adani Green Energy Limited. The agreement is for renewable energy supply under the Group Captive Scheme.

The agreement covers solar and wind power. It aims to increase renewable energy capacity of RSWM Limited. The company confirmed the transaction is not a related party deal. Other agreements are pending finalization.

Ace investor holding in RSWM

Minal Bharat Patel holds a 1.36% stake in RSWM Ltd, owning 642,431 shares valued at ₹10.0 crore.

Santosh Sitaram Goenka holds a 1.30% stake in RSWM Ltd, owning 612,305 shares valued at ₹9.5 crore.

Stock performance of RSWM for Period of 1 week, 6 months, and 1 year

RSWM Ltd delivered a 4.17% return over the past week and gained 4.23% in the past six months. However, the stock declined by 31.6% over the past year.

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Shareholding pattern of RSWM

ParticularsJun 2025Mar 2025Dec 2024
Promoter55.70%55.70%55.70%
FII1.20%1.50%1.60%
DII0.70%0.70%0.90%
Public42.40%42.20%41.80%

About RSWM

RSWM Ltd (NSE: RSWM), incorporated in 1960, is part of the LNJ Bhilwara Group. The company manufactures and exports yarns, fabrics, denim, and green polyester fibers, holding Golden Trading House status.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is RSWM Limited share price going up today?

A: RSWM Limited shares are rising after signing a renewable energy supply agreement with Powerpulse Trading Solutions, an Adani Green Energy unit.

Q: What does RSWM Limited specialize in?

A: RSWM Limited specializes in manufacturing and exporting yarns, fabrics, denim, knitted fabric, and green polyester fibers globally.

Q: How much stake do promoters hold in RSWM Limited stock?

A: Promoters hold a 55.70% stake in RSWM Limited stock, reflecting significant ownership and control in the company.

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