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April: Demerge and transfer of the Garments Business Division to their 100% subsidiary company Arvind Brands Ltd and amalgamating Arvind Fashions Ltd a 100% subsidiary of Arvind Brands Ltd with Arvind Mills. [8] Joint venture with company Arvind Murjani Brand Pvt Ltd through which they hold license to sell Tommy Hilfiger brand apparel in India. [8]
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On 10 January 2013, the National Stock Exchange signed a letter of intent with the Japan Exchange Group, Inc. (JPX) on preparing for the launch of NIFTY 50 Index futures, a representative stock price index of India, on the Osaka Securities Exchange Co., Ltd. (OSE), a subsidiary of JPX. [46]
Atul Ltd is an integrated chemical company founded by Kasturbhai Lalbhai on September 5, 1947 in India. [ 1 ] [ 2 ] The company manufactures 900 products and 400 formulations [ 3 ] and owns 140 retail brands. [ 1 ]
ASPI measures the movement of share prices of all listed companies. It is based on market capitalisation. Weighting of shares is conducted in proportion to the issued ordinary capital of the listed companies, valued at current market price (i.e. market capitalisation). The base year is 1985, and the base value of the index is 100.
Arvind Narottambhai Lalbhai (3 April 1918 – 2007) was son of Narrotam Lalbhai one of the three brothers who founded the Arvind Mills in 1931, which today is amongst the top textiles companies of India and is the flagship company of the Rs. 2,000 crore Lalbhai Group established by his grandfather Lalbhai Dalpatbhai in 1896.