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Maxwell Industries executes MOU with Daman Polythread

05 Dec 2016 Evaluate

Maxwell Industries has executed Memorandum of Understanding (MOU) for sale of Land & Building situated at Survey No 360/13, Village Kachigam, Nani Daman on December 02, 2016 with Daman Polythread for a consideration of Rs 1.50 crore, subject to terms and condition as specified in the MOU.

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.

Peers
Company Name CMP
Vardhman Textiles 496.70
Welspun Living 215.30
Arvind 500.80
Raymond Lifestyle 500.75
K.P.R. Mill 1042.55
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