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Kewal Kiran Clothing incorporates WOS company

25 Feb 2021 Evaluate

Kewal Kiran Clothing has incorporated new wholly owned subsidiary (WOS) company namely- ‘K- Lounge Lifestyle’ on February 25, 2021. The company has incorporated wholly owned subsidiary with intent to focus on further developing and enhancing its retail footprint pan India. The incorporation of wholly owned subsidiary will leverage the growth opportunities in the evolving retail space and will help the company is becoming more agile and customer focused. 

Kewal Kiran Clothing, incorporated in 1981, is amongst the few large branded apparel manufacturers in India. The company with sales in Asia, Middle East and CIS, designs, manufactures and markets branded jeans, semi-formal and casual wear for men.

Peers
Company Name CMP
Vardhman Textiles 569.25
Welspun Living 224.50
Arvind 556.70
Raymond Lifestyle 690.80
K.P.R. Mill 1133.10
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