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November: India's largest textile and branded apparel player announced decision to demerge its Branded Apparel and Engineering businesses from the parent company, into the entity Arvind Fashions Limited and the shareholders of Arvind Limited would be entitled for one equity share of Arvind Fashions Limited for every five shares held by them in ...
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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.
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.
To do so, the Pantaloons fashion segment was demerged from Pantaloons Retail India Ltd, which was then merged into subsidiary Future Value Retail Ltd and later renamed Future Retail Ltd. [7] On 21 November 2014, Future Consumer Enterprises Limited acquired 98% of Nilgris from Actis Capital and other promoters. With that, Nilgiris is a wholly ...
Bombay Dyeing & Manufacturing Company Limited is an Indian textile company headquartered in Mumbai, India. [1] It operates as a subsidiary of the Wadia Group and is one of India's largest producers of textiles. [2] [better source needed] Its current chairman is Nusli Wadia. [3]
Aurora Fashions was a holding company of several retail fashion brands, formed in 2009 to purchase a number of businesses from the collapsed Mosaic Fashions. The company operated over 1,250 stores in 38 countries, including franchises, under the Oasis , Warehouse and Coast brands.
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