MoneyWorks4Me

Provogue (India) sells its whole investment in CCPL

27 Apr 2016 Evaluate

Provogue (India) has sold its whole investment in Classique Creators (CCPL), a wholly owned subsidiary of the company. CCPL was incorporated as 100% of the company on August 30, 2011 and had paid up share capital of Rs 5 lakh divided into 250,000 equity shares of Rs 2 per share. CCPL has not carried out any business activities and remained inoperative and non-functional since its incorporation.

Provogue India owns and operates an online retail portal provogue.com. It is engaged in fashion and lifestyle retail business. It manufactures and distributes apparel for men and women under the brand ‘Provogue’.

Peers
Company Name CMP
Vardhman Textiles 568.45
Welspun Living 223.70
Arvind 556.20
Raymond Lifestyle 705.00
K.P.R. Mill 1134.40
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