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Orbit Exports to acquire 49% stake in Rainbow Line Trading

08 Feb 2013 Evaluate

Orbit Exports has received an approval for investment of AED 325,322 to acquire 49% shares in equity of Rainbow Line Trading, an United Arab Emirates Company, Dubai. The board at its meeting held on February 08, 2013 has approved for the same.

Orbit Exports, a company registered under the Indian Companies Act, 1956, is a government recognized Star Export House engaged in the manufacture and export of fancy fabrics.

Peers
Company Name CMP
Vardhman Textiles 537.20
Welspun Living 255.25
Arvind 504.00
Raymond Lifestyle 546.00
K.P.R. Mill 1188.40
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