Kotak Mahindra International has bought 1.14 lakh shares or 0.53% stake of Pearl Global Industries through the open market route. The shares were purchased on an average price of Rs 220 valuing the transaction to Rs 2.52 crore.
Pearl Global Industries is multinational ready to wear apparel manufacturing conglomerate. The company also provides supply chain solutions for the fashion industry globally along with warehousing & distribution networks in the US.