Apparel and Textile News National News

Gokuldas Exports Acquiring Matrix Clothing’s Knit Garment Division

Gokuldas Exports Ltd (GEL), one of India’s biggest clothing exporters is acquiring the knit garment division of Matrix Clothing Private Ltd (MCPL) for an enterprise value of Rs 489 crore. The payment of Rs 489 crore will be done through preferential allotment of shares of Gokaldas Exports using a share swap totalling to Rs 247.5 […]