News of Brands-&-Retail in Gujarat

NCLT nods scheme arrangement for Arvind Group companies

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory filing submitted to the Indian Bourses, Arvind Ltd said of having got nod from NCLT for scheme of arrangement between Arvind Ltd, Arvind Fashions Ltd, Anveshan Heavy Engineering Ltd and The Anup Engineering Ltd. Today the Hon’ble National Company Law Tribunal, Bench at Ahmedabad (“NCLT”) has

RIL subsidiary shells 92 crore rupees to buy stake in fashion & lifestyle brands

MUMBAI | RAJKOT – Reliance Industries Ltd’s subsidiary companies Reliance Brands Ltd and Reliance Retail Ventures Ltd  have now acquired a combined stake of 65.77% in Genesis Colors Ltd, the company (RIL) said in regulatory filing submitted to the Exchanges in India, on Monday. Reliance Retail Venture Ltd, subsidiary arm of Reliance Industries Ltd paid

RIL’s stake in Genesis Colors now at 46.39%

MUMBAI | RAJKOT – In a regulatory filing submitted to the exchanges late night on Tuesday, Reliance Industries Ltd said of having acquired additional 12.56% equity in Genesis Colors Ltd via its brands subsidiary Reliance Brands Ltd paying 527.7 million (~52.77 crore) rupees, further stake in Genesis at 46.39% from 33.83% as announced just 3

RIL’s stake buying exercise in Genesis Colors’ in full-swing

MUMBAI | RAJKOT – In a regulatory filing submitted to the exchanges by Reliance Industries Ltd, the company said of its  subsidiary brands arm Reliance Brands Ltd having acquired additional 22.18% stake in Genesis Colors Ltd for 931.6 million (~93.16 crore) rupees, further raising the stake from 11.65% to 33.83%. This is to inform that

Cera Sanitaryware acquires 26% stake in Morbi’s Milo Tile LLP

KADI (KALOL) | AHMEDABAD | MUMBAI | RAJKOT – With an intent to get quality products for the tile segments, Cera Sanitaryware Ltd has acquired 26% stake in Morbi’s based ceramic tile manufacturing unit – Milo Tiles LLP, the company said in a regulatory filing submitted to the Exchanges in India on Thursday. Significant terms

From #DLG FB LIVE : GUNS N ROSES | Real Rose Flowers, that last for a year!

RAJKOT – How about the REAL ROSES, that will last for a year? And that too in an ERA of SOCIAL MEDIA PINGS triggered relationships that does not even last for 365 days, and one such symbol of LOVE and ROMANCE – ROSES will last for a year! Yes, originally from RAJKOT and now settled

Sambhav Media tunes on FM Radio at Bharuch, Veraval, Porbandar in Gujarat

AHMEDABAD | MUMBAI | RAJKOT – Ahmedabad headquartered Sambhaav Media Ltd, in a regulatory filing informed of having commenced FM Radio station operations at 3 centres in Gujarat. Under the aegis of “Top FM“ brand the company has commenced FM Radio stations at Bharuch in South Gujarat region, Veraval and Porbandar in Saurashtra-Kutch region, of

Rajesh Exports bags 8.92-billion-rupee gold, diamond jewellery order from Middle East

BENGALURU | MUMBAI | RAJKOT – Bengaluru headquartered and Mehta family owned Rajesh Exports has bagged 8.92 billion (~892 crore) rupees order for gold and diamond jewellery from Middle East, the company statement submitted to the Exchanges in India on Friday said. Rajesh Exports Ltd. (BSE: 531500, NSE: R’AJESHEXPO) has received a prestigious order for

Exactly after 11 days of earlier announcement, RIL hikes additional 2.36% equity in Genesis Colors

MUMBAI | RAJKOT – Reliance Industries Ltd’s subsidiary company Reliance Brands Ltd hiked stake in Genesis Colors Ltd buying additional 2.36% equity paying 90.9 million (~9.89 crore) rupees, the company said in regulatory filing submitted to the exchanges in India on Thursday and Friday. With additional stake hike in Genesis Colors Ltd Reliance Brands now

INOX Leisure adds 2 screens to Multiplex in Pune (Maharashtra), discontinues multiplex at Kota (Rajasthan)

VADODARA (BARODA) | MUMBAI | RAJKOT – Inox Leisure Ltd has added 2 new screens to an ongoing operational multiplex at Pune in Maharashtra and has discontinued Multiplex at Kota in Rajasthan, the company said in regulatory filing submitted to the Exchanges in India on Wednesday. The Company has commenced the Commercial Operations of two

Lypsa Gems bags 154-million-rupee order from Middle East Customers

VADGAM (BANASKANTHA) | MUMBAI | RAJKOT – Lypsa DMCC, a wholly owned subsidiary of Lypsa Gems and Jewelry Ltd (BSE: 534532, NSE: LYPSAGEMS) has received a new order worth 154 million (~15.4 crores) from customers in Middle East, the company informed in the press release submitted to the Exchanges in India on Wednesday. This order entails supply

RIL subsidiary Reliance Brands pays 341.7 million rupees, to buy additional 8.14% stake in Genesis Colors

MUMBAI | RAJKOT – Reliance Industries Ltd, in a regulatory filing said of having brought additional 8.14% stake in readymade garments, bags, footwear and accessories manufacturing company paying 341.7 million rupees. Reliance Brands Limited, a subsidiary of the Company, has purchased an additional 8.14% equity stake in Genesis Colors Ltd (GCL) for about 341.7 million

Phoenix shakes hand with Ahmedabad based realtor, will buy land, construct mall in Ahmedabad

MUMBAI | AHMEDABAD | RAJKOT – The Phoenix Mills Ltd enters into 50:50 joint venture with Ahmedabad based BSafal group to buy land and construct mall, Phoenix will invest 2.3 billion rupees into the joint-venture company, the company said in regulatory filing submitted to exchanges in India on Saturday. The joint-venture company has proposed to

Parag Milk welcomes subsidy announcement on export of milk & milk-products

MUMBAI | RAJKOT – Parag Milk Foods Ltd has welcomed the decision of Government of India of announcement of 10% subsidy on export of milk and milk products, which will enhance the competitiveness and growth of Indian Dairy Industry in the international market, the company today said in regulatory filing submitted to the Indian Exchanges.

V2 Retails opens 66th store in India, the new store is at Khatima in Uttarakhand

NEW DELHI | MUMBAI | RAJKOT – In a regulatory filing submitted to the Exchanges in India, V2 Retail Ltd said of having opened 66th store in the nation. The newly opened V2 Retail Store is at Khatima, Uttarakhand. With the newly opened store in Uttrakhand, company now has four (4) V2 Retail stores in