Garment Mantra Lifestyle has acquired 83.80% stake in Jannat Fabrics and Apparels. The management is expecting to acquire 100% stake in next few months to make it wholly owned subsidiary of Garment Mantra. This will help the company in running entire textile value chain from supplying yarn / fabric to the mills for Knitting, Dyeing, Printing, Compacting factories and into Retailing as well. Moreover, it will improve operational efficiency and reduce operational overhead within the group.
Garment Mantra Lifestyle (formerly Junction Fabrics and Apparels) is engaged in the business of garment manufacturing and selling both Knitted Fabric as well as Garments. Its range of garment products covers all the age group segments such as kids wear, mens wear, ladies wear, boys & girls wear.
Company Name | CMP |
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PDS | 439.75 |
Vardhman Textiles | 438.00 |
Arvind | 333.95 |
Welspun Living | 148.90 |
Alok Inds | 26.98 |
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