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KDDL’s arm acquires 15% stake in Pylania

19 Nov 2022 Evaluate

KDDL’s wholly owned subsidiary -- Kamla International Holdings SA (KIH) has acquired 3,000 equity shares (15%) of Pylania, SA from its existing shareholder, which resulted in increase of KIH equity shareholding from 47.5% to 62.5%. Therefore, Pylania SA has become 100% subsidiary of the Company.

KDDL is a diverse company focusing on luxury Retail Watches and precision Engineering. It has established India’s largest retail chain for premium and luxury watches- Ethos and SUMMIT.


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