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VIP Clothing gets nod to sell leasehold rights of Umbergaon plot

31 May 2022 Evaluate

VIP Clothing has received approval for Memorandum of Understanding (MoU) with regards to asset monetization by way of sale of leasehold rights in respect of Umbergaon Plot, situated within the Village limits of Daheri, Taluka- Umbergaon, District- Valsad. The board of directors at its meeting held on May 30, 2022 has approved the same.

VIP Clothing is leading Indian company engaged in manufacturing and marketing of innerwear.

Peers
Company Name CMP
Vardhman Textiles 537.00
Welspun Living 235.45
Arvind 531.20
Raymond Lifestyle 625.50
K.P.R. Mill 1099.50
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