Home / India News / Board of Bannari Amman Spinning Mills approves proposal for investment in Young Brand Apparel

Board of Bannari Amman Spinning Mills approves proposal for investment in Young Brand Apparel

Last Updated : Jul 07 2017 | 12:06 AM IST

At meeting held on 06 July 2017

The Board of Bannari Amman Spinning Mills at its meeting held on 06 July 2017 has approved the proposal to invest in its joint venture company - Young Brand Apparel. On completion of this proposed investment in additional 18% stake, the total investment will increase to 51.33%, thus making Young Brand Apparel a subsidiary of the Company.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content