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Pearl Global Industries’ arm incorporates subsidiary company in USA

10 Mar 2023 Evaluate

Pearl Global Industries’ wholly owned subsidiary -- Pearl Global (HK), Hong Kong has incorporated a Subsidiary Company, i.e. Pearl Unlimited, Inc. in New York, USA.  Currently, it is incorporated as a group company. However, necessary approval would be taken as and when any related party transactions will be undertaken.

Earlier, the company had received an approval for incorporation of a Wholly Owned Subsidiary Company in India for manufacturing and sale of readymade garments.

Pearl Global Industries is an end-to-end clothing vendor and supplier with a presence across the globe.

Peers
Company Name CMP
Vardhman Textiles 562.05
Welspun Living 218.00
Arvind 567.20
Raymond Lifestyle 692.00
K.P.R. Mill 1117.50
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