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Rupa & Company gets nod to merge WOS with itself

02 Jun 2014 Evaluate

Rupa & Company has received an approval for the scheme of amalgamation of Euro Fashion Inners International (P), which is the company’s wholly owned subsidiary (WOS) with the company. The board of directors at its meeting held on May 30, 2014 has approved for the same.

The merger is however subject to the approval of regulatory authorities as required and the High Court of Kolkata & Mumbai.

Rupa & Company is today the unquestioned No.1 knitwear brand in India, covering the entire range of knitted garments from innerwear to casual wear.

Peers
Company Name CMP
Vardhman Textiles 565.65
Welspun Living 222.90
Arvind 566.15
Raymond Lifestyle 688.20
K.P.R. Mill 1114.50
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