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Arvind brands gets Gujarat High Court approval to demerge its brand

One of the leading apparel makers in the country Arvind Ltd, would demerge its brands business division into Arvind Lifestyle Brands and its retail business division into Arvind Retail Ltd.


October 08, 2009  |  comments ( 0 )  | 

One of the leading apparel makers in the country Arvind Ltd, would demerge its brands business division into Arvind Lifestyle Brands and its retail business division into Arvind Retail Ltd. The Gujarat High Court has given the sanction and permitted the scheme of understanding in the nature of demerger and transfer of brands business division of the company into Arvind Lifestyle Brands and retail business division into Arvind Retail Ltd. The plans of demerger were announced in November 2008.


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