Kamadgiri Fashion has entered into a strategic arrangement with Think9 Consumer Technologies (Think9). Pursuant to the strategic arrangement, Think9 had infused an amount of Rs 2.49 crore in Metawear to acquire 49% of the post issue paid up share capital in Metawear. Subsequent to the issue and allotment of shares by Metawear, the holding of the company in Metawear is reduced to 51%.
Metawear as a wholly owned subsidiary of the Kamadgiri Fashion and is engaged in the business of manufacturing of garments and related activities and has collaboration with Swiss Technology firm Heiq Vroblock to manufacture reusable face cover. It has also other products like handkerchief, cricket bat etc.
Think9 is engaged in the business activities related to arranging, managing and/or providing advisory services pertaining to brand development and other consumer products and services related to consumer necessities.
| Company Name | CMP |
|---|---|
| Indo Rama Synth | 39.41 |
| Banswara Syntex | 115.16 |
| Ganesha Ecosphere | 1054.60 |
| Raj Rayon Industries | 21.49 |
| Pasupati Acrylon | 48.75 |
| View more.. | |
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