MoneyWorks4Me

Acrysil acquires balance stake in Homestyle Products

17 Dec 2019 Evaluate

Acrysil has acquired 1.25% equity shares of Homestyle Products through its wholly owned subsidiary -- Acrysil UK. The total equity stake of Acrysil through Acrysil UK in Homestyle Products is now increased to 100%.

The company earlier had acquired 98.75% of the share capital in Homestyle Products through Acrysil UK.

Acrysil is a leading manufacturer of composite quartz and granite kitchen sinks in India. The company exports granite sinks to more than 20 countries worldwide.

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