S.P. Apparels has entered into a Loan Agreement with S.P. Apparels (UK) (P), a Wholly owned subsidiary (WOS) of the Company, for its business and operations. Under the loan agreement, the company will provide an unsecured loan of up to a maximum limit of 40,00,000 Great British Pound to its wholly owned subsidiary. The loan shall be payable on demand or within three years, whichever is earlier.
S.P. Apparels is a leading manufacturer and exporter of knitted garments for infants and children in India. These are manufactured at its integrated facilities that allow it to provide end-to-end garment manufacturing services from greige fabric to finished products.
| Company Name | CMP |
|---|---|
| Welspun Living | 138.60 |
| Vardhman Textiles | 627.60 |
| Arvind | 494.70 |
| K.P.R. Mill | 1068.55 |
| Page Industries | 38655.75 |
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