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PDS’ arm to acquire remaining 10% stake in Norlanka Manufacturing

19 Apr 2023 Evaluate

PDS’ subsidiary -- Norwest Industries has proposed to acquire an equity stake of 10% in Norlanka Manufacturing, a Company incorporated under the laws of Hong Kong. Post transaction, the Norwest Industries’ total shareholding in Norlanka Manufacturing will be 100%. The acquisition aims to expand & create an opportunity in the fashion & apparel business. The acquisition is expected to be completed On or before July 31, 2023.

Norlanka Manufacturing is engaged in trading of ready to wear garments & apparels and other opportunities.

PDS is a design-led organisation and its talented design teams offer exceptional product development and design services customised to retailers’ requirements.

PDS Share Price

338.40 -9.85 (-2.83%)
19-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
Redington 280.90
Amrapali Industries 42.31
Adani Enterprises 3037.90
Rashi Peripheral 752.80
PDS 338.40
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