Superhouse has purchased 62550 Equity shares of Rs 10 each (2.42%) of its Associate Company Creemos International, an unlisted company, from Modriba Hygiene Solution for the consideration of Rs 41.28 lakh. Subsequent to the said purchase of shares, the equity shareholding of the company in Creemos International increased from 48.63% to 51.05%. Now, Creemos International has become subsidiary of the company.
Superhouse’s principal activities are manufacturing and exports of Leather, Leather Goods and Textile Goods etc.
