Dollar Industries has increased its stake in Pepe Jeans Innerfashion by making further investment of Rs 4 crore representing 28.57% along with the post allotment of Equity share capital of Pepe Jeans Innerfashion on November 10, 2018.
The total investment of the company post allotment stand increased to Rs 7 crore representing 50% of the total paid-up capital of the company out of total paid up share capital of Rs 14 crore of Pepe Jeans Innerfashion.
Dollar Industries has become a force to reckon within the Innerwear Market. It is one of the country’s top five Hosiery undergarment manufacturers.
