Maxwell Industries completes sale of processing unit at SIPCOT

20 Sep 2016

Maxwell Industries has completed the transaction of sale of processing unit at SIPCOT, Erode, Tamil Nadu by receiving balance consideration of Rs 4.34 crore on September 19, 2016. The consideration for this transaction was Rs 4.44 crore, as per the terms and condition set out in the Business Transfer Agreement.

Maxwell Industries is leading Indian company engaged in manufacturing and marketing of innerwear. They are well-known manufacturers of brands like VIP Innerwear, Frenchie, Frenchie X, and VIP Feelings and all of their sub brands.

Related VIP Clothing Ltd. Links:

VIP Clothing Share Price

6.83 0.00 (0.00%) Feb 24, 18:01
1 Year Price Chart
Peers
Company Name CMP
Arvind 38.70
PDS Multinational 391.00
Vardhman Textiles 1087.70
Welspun India 44.15
Bombay Dyeing Mfg. 78.90
View more..
Sensex vs VIP Clothing
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
Research Analyst - INH000000719

Callback

8055769463

8055769463