Bombay Dyeing acquires 4.32% stake in Archway

Bombay Dyeing & Manufacturing Company (BDMC) has acquired 4.32% of equity share capital amounting 2,24,400 equity shares of Archway Investment Company (Archway) from minority shareholders. By this acquisition, Archway has become wholly owned subsidiary of BDMC.

Bombay Dyeing and Manufacturing Company is a holding company that is engaged in finishing of cotton and blended cotton textiles; manufacturing of bedding, quilts, pillows and sleeping bags; real estate activities, and manufacturing of polyester Staple Fiber (PSF).