PDS Multinational Fashions has completed acquisition of 75% equity stake in Norlanka Brands, i.e. 37,500 Equity Shares at the Face value of Rs 10 each on February 1, 2021. The objective of acquisition is to expand & create an opportunity in the Indian fashion & apparel business including but not limited to kids wear, inner wear & other categories of lifestyle and to enter into online/digital business and enhance opportunities for PDS Platform.
PDS Multinational Fashions, through its subsidiaries, designs, develops, sources, manufactures, and distributes various readymade garments and other consumer products in India and internationally.
