MoneyWorks4Me

IL&FS Securities Services acquires stake in Zenith Exports

13 Jul 2018 Evaluate

IL&FS Securities Services has acquired 148830 equity shares of Rs 10 each representing 2.76% of the paid-up Capital of Zenith Exports on July 9, 2018. Further, post-acquisition IL&FS Securities Services holds 308224 equity shares of Rs 10 each representing 5.71% of the paid-up Capital of the company.

Zenith Exports is engaged in spinning, dyeing, weaving and finishing all kinds of fabrics. The company offers quality products including fabrics, made ups and accessories to the global furnishings and fashion trades.

Peers
Company Name CMP
Vardhman Textiles 538.60
Welspun Living 216.90
Arvind 516.15
Raymond Lifestyle 571.00
K.P.R. Mill 1101.50
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