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Dhanlaxmi Fabrics gets nod for demerger

11 Jan 2013 Evaluate

Dhanlaxmi Fabrics has received an approval for the scheme of arrangement relating to demerger of the company. The board at its meeting held on January 08, 2013 has approved for the same.

The demerged units as per the scheme will be resulting into three companies namely viz. Dhanlaxmi Realty and Infra, Dhanlaxmi Textile and Dhanlaxmi Power.

Dhanlaxmi Fabrics is a one stop shop for the garment exporters, fabric exporters and local garment manufacturers. It is a leading fabric & yarn processing company.

Peers
Company Name CMP
Vardhman Textiles 521.30
Welspun Living 255.90
Arvind 500.00
Raymond Lifestyle 550.25
K.P.R. Mill 1149.00
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