Monte Carlo Fashions has made further investment to the extent of Rs 5 crore in Monte Carlo Home Textiles (MCHTL), wholly owned subsidiary Company incorporated on December 3, 2021 and has allotted 50,00,000 equity shares of Rs 10 each. Now, the total amount of investment made in MCHTL is Rs 13.70 crore. Monte Carlo Home Textiles will be engaged in carrying on the business of Home textiles.
Monte Carlo Fashions manufactures and distributes men’s and women’s apparel.