Monte Carlo Fashions has made further investment to the extent of Rs 3.50 crore in Monte Carlo Home Textiles (MCHTL), Wholly Owned Subsidiary Company incorporated on December 3, 2021. Securities are acquired at Face Value of Rs 10 each and number of securities acquired is 35,00,000 equity shares of Rs 10 each i.e. Rs 3,50,00,000. Now, the total amount of investment made in MCHTL is Rs 8.70 crore
Monte Carlo Fashions manufactures and distributes men’s and women’s apparel.