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Kitex Garments informs about acquisition

19 Nov 2021 Evaluate

Kitex Garments has informed that pursuant to the Regulation 30 of SEBI (LODR) Regulations, Company has incorporated a new subsidiary company under the name of 'Kitex Apparel Parks Limited' (KAPL) on November 18, 2021 under the provisions of Companies Act, 2013 vide Certificate of Incorporation issued by the Ministry of Corporate Affairs, India and shall be engaged in establishment and carrying on the business of Infantswear manufacturing and other allied activities.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Vardhman Textiles 527.15
Welspun Living 224.95
Arvind 510.45
Raymond Lifestyle 596.25
K.P.R. Mill 1053.45
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