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Indian Card Clothing Company acquires balance 40% stake in Garnett Wire

22 Aug 2022 Evaluate

The Indian Card Clothing Company has acquired balance 40% equity stake in Garnett Wire, UK -- foreign subsidiary of the Company, from its Joint Venture Partner -- Joseph Sellers & Son on August 19, 2022. Therefore, Garnett Wire, UK has become wholly owned subsidiary of the company.

The Indian Card Clothing Company is a precision engineering company that manufactures and supplies card clothing products and carding solutions for the textile industry.

Indian Card Clothing Share Price

207.70 -4.20 (-1.98%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
LMW 14968.45
Stovec Inds 1830.00
Harish Textile Engin 66.11
Veejay Lakshmi Engg 35.18
Meera Industries 59.20
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