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TCNS Clothing Co informs about press release

06 May 2023 Evaluate

TCNS Clothing Co has informed that the company has entered into definitive agreements for combining with ABFRL, India’s leading fashion & apparel company, and a part of the Aditya Birla group. The transaction entails combination of TCNS into ABFRL and will be carried out through - (i) Acquisition of the founding promoter’s stake through a Share Purchase Agreement and a conditional public Open Offer followed by (ii) Merger between the two entities. The company has enclosed a press release on the above subject. 

The above information is a part of company’s filings submitted to BSE.

TCNS Clot-Amalgamate Share Price

584.25 0.00 (0.00%)
02-Sep-2024 16:01 View Price Chart
Peers
Company Name CMP
Welspun Living 125.45
Vardhman Textiles 557.75
Arvind 387.20
K.P.R. Mill 926.40
Page Industries 37935.70
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