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Mafatlal Industries gets nod to incorporate subsidiary

14 May 2025 Evaluate

Mafatlal Industries’ board has approved in principle a proposal to incorporate a subsidiary company. The proposed subsidiary will belong to readymade garments and accessories industry.

The proposed subsidiary will function as an outsourcing-driven Garment Buying House, dedicated to sourcing and delivering high-quality apparel to leading multinational brands and established buying agencies across the USA, Europe and other countries.

Mafatlal Industries is engaged in manufacture of textiles and textile chemicals.

Peers
Company Name CMP
Vardhman Textiles 535.60
Welspun Living 229.45
Arvind 529.00
Raymond Lifestyle 574.15
K.P.R. Mill 1123.35
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