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Himatsingka Seide makes further investment in Himatsingka Holdings NA Inc

April 27, 2024 07:07 PM Himatsingka Seide

Overview

There is no change in percentage of shareholding, as it is a wholly owned subsidiary

Detail

Himatsingka Seide has made further investment of an amount of Rs 16.64 crore in Himatsingka Holdings NA Inc., a wholly owned subsidiary of the Company, by way of acquiring 115 equity shares of face value $10,000 each. There is no change in percentage of shareholding, as it is a wholly owned subsidiary.

Himatsingka Seide is an integrated global textile major that designs, develops, manufactures, distributes and retails a suite of textile products.