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Vishal Fabrics acquires equity shares of M/s. Nandan Industries

28 Apr 2025 Evaluate

Vishal Fabrics has acquired 528100 equity shares of M/s. Nandan Industries at price of Rs 123 as per valuation report, amounting of Rs 6.49 crore on April 28, 2025 from shareholder of M/s. Nandan Industries. 

Currently Vishal Fabrics holds 23.17% Equity Share Capital of M/s. Nandan Industries and M/s. Nandan Industries is already an ‘Associate Company’ of Vishal Fabrics with effective from March 29, 2024. Pursuant to this transfer, Vishal Fabrics post transfer holds 35.41% of Equity Share Capital of M/s. Nandan Industries.

Vishal Fabrics is a reputed entity that is known for dyeing, printing and processing of denim, and other wide range of fabrics. 

Peers
Company Name CMP
Vardhman Textiles 536.45
Welspun Living 235.85
Arvind 529.75
Raymond Lifestyle 624.95
K.P.R. Mill 1100.90
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