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Grasim Industries acquires 100% stake in Soktas India

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Capital Market
Grasim Industries has acquired 100% equity share capital of Soktas India (SIPL) on 29 March 2019. Consequent to acquisition of the 100% share capital, SIPL has become wholly owned subsidiary of the Company, w.e.f. 29 March 2019. SIPL is in the business of manufacturing and the distribution of premium cotton fabrics.

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First Published: Mar 29 2019 | 5:23 PM IST

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