GHCL Limited has completed the divestment of its Home Textile business to lndo Count Industries Limited effective 2nd April 2022, after obtaining all relevant regulatory and shareholders’ approvals. The total consideration for divestment of the Home Textiles Business has been calculated at INR 608.30 crores (subject to validation of customary closing date adjustment of working…
Indo Count Industries Limited, a manufacturer and exporter of Home Textiles, announced it has entered into a Business Transfer Agreement (BTA) with GHCL Limited (GHCL) for acquisition of its Home Textile business at Vapi, Gujarat, on a going concern basis by way of a slump sale and Asset Transfer Agreement (ATA) for acquisition of specified…
Indo Count Industries Ltd., one of India’s leading Home Textile manufacturer – exporter, has announced its new partnership with Jasper Conran O.B.E. for an exclusive bed and bath collection, launching in Spring 2022. The range will be sold and marketed internationally under the Jasper Conran London brand, exclusively through Indo Count. Attention to detail and…