MoneyWorks4Me

KDDL’s arm acquires equity shares in Silvercity Brands AG

19 Mar 2025 Evaluate

KDDL’s wholly owned subsidiary -- Mahen Distribution has acquired 8,74,000 partly paid up equity shares of CHF 1 each of Silvercity Brands AG. The objective of acquisition is to invest in or create brands; to manufacture and trade in watches and other luxury products; to make investments and other actions supporting the main objects.

KDDL engages in the manufacture and trade of watches and its components in India, Switzerland, and Hong Kong.

Peers