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Ethos incorporates wholly owned subsidiary

05 Feb 2024 Evaluate

Ethos has incorporated its wholly owned subsidiary named as ‘RF Brands’. The Company owns 100% of the shareholding in the new entity viz. ‘RF Brands’. The cost of acquisition is Rs 1,00,00,000 as initial subscription in the form of equity share capital. 

Ethos has the largest portfolio of premium and luxury watches in India and retails over 50 premium and luxury watch brands.

Peers
Company Name CMP
Avenue Supermarts 3769.55
Trent 2773.50
Vishal Mega Mart 104.00
PN Gadgil Jewellers 598.25
Aditya Birla Life 80.69
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