Last Updated : Tuesday, July 23, 2019 16:47:31

Libas Designs migrates to NSE Main Board

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory filing submitted to the Indian Bourses, Mumbai headquartered fashion brand Libas Designs Ltd said of the Company Migrating to NSE (National Stock Exchange) Main Board, emerges as one of the few companies in the history of NSE to have migrated to Main Board.

The statement submitted by the company to the Indian Stock Exchanges read that, The Company is migrating to NSE Main Board.

Libas Designs Limited (NSE Symbol: LIBAS), among leading manufacturers of contemporary and ethnic men’s & women’s wear having many stores at prime locations in India has announced that the Company has migrated to Main Board of NSE.

This is among few Companies in NSE Emerge history to migrate to NSE Main Board.

Listing Ceremony was held on July 23, 2019 at NSE Auditorium, Bandra Kurla Complex at 8:30 AM.

The total number of shares of Company at a face value of Rs. 10 as on July 23, 2019 is 1,22,50,000.

The total number of shareholders as on July 19, 2019 is 291.

Commenting on the recent developments, Mr. Riyaz Gangji, Wholetime Director, Libas Designs Limited. said:

“We are extremely happy to share with you that your Company is migrating to NSE Main Board. This is among very few Companies in the history of NSE Emerge to migrate to NSE Main Board. This opportunity will help us to reach out to wider investor community. It will also create better visibility for the company. This migration shows a testimony to our performance and client confidence. I would like to thank NSE for giving us this platform and opportunity. I would also like to thank all the stakeholders and most importantly Libas team for their dedication and hard work in helping us in achieving this.”

Libas Designs Ltd. incorporated in 2004 is one of leading corporate house specializing in contemporary and ethnic men’s & women’s wear having many retail stores in prime locations of India.

We at Libas, ensure complete satisfaction to our client right from initial stage that involves preference to designing the most desirable outfits.

Our products offering include Sherwani, Suits, Indo-Western, Nehru Jacket, Sarees, Lehengas, Gowns, Anarkali, Jewellery, Jute Bags, etc.

Our  production facility is located at Mumbai, Maharashtra.

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