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Himatsingka Seide sets up subsidiary in Europe

Firm seeks to to strengthen distribution network in the continent

Himatsingka Seide

Press Trust of India  |  New Delhi 

Himatsingka Seide's Hassan facility
Himatsingka Seide's Hassan facility

Textile firm has incorporated a wholly-owned subsidiary in Europe, aiming to strengthen its distribution network in the continent.

"The company has incorporated a wholly-owned subsidiary in Europe, namely Himatsingka Europe Ltd, which is registered with the Registrar of for England and Wales on February 17, 2017. This will help to strengthen the distribution network in Europe," Limited said in a regulatory filing.

is engaged in home textiles and produces bed linen, fabrics for drapery and upholstery applications and silk & blended yarn.

The company's stock had lost 0.45 per cent to Rs 363.20 at the bell on the National Stock Exchange on Friday.

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First Published: Sat, February 18 2017. 16:57 IST