Faze Three’s arm incorporates wholly owned subsidiary

Faze Three Ltd. | Textile | Textiles & Apparels | BSE: 530079 | NSE: FAZE3Q

25 Jul 2023 Evaluate

Faze Three’s wholly owned subsidiary – Faze Three US LLC has incorporated a wholly owned subsidiary Company named ‘Faze Three SMS, LLC’ in United States. Accordingly, Faze Three SMS, LLC shall be a step-down subsidiary and related party of the Company. Faze Three SMS, LLC, shall be pursuing business of home textile products in the USA primarily in the wall covering segment along with business partners and stakeholders.

Faze Three manufactures and sells home furnishing products in India. It also offers automotive textiles to OEMs.

Peers

Company Name	CMP
Vardhman Textiles	555.40
Welspun Living	216.10
Arvind	538.95
Raymond Lifestyle	647.00
K.P.R. Mill	1118.05
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.