Indo Count Industries acquires 82.5% stake in ICRVPL

In order to carry out retail business of Home Textiles, Indo Count Industries has acquired 82.5% stake in Indo Count Retail Ventures (ICRVPL) from Anil Kumar Jain, Promoter of ICIL. With this acquisition, ICRVPL became a subsidiary of Indo Count Industries with the effect from August 24, 2016.

Indo Count Industries is engaged in the manufacturing of 100% grey combed cotton yarn and knitted fabric. Its product range includes Cotton yarn, Knitted fabrics and Dyed yarn and core-spun yarn.