Arvind Lifestyle offloads Unlimited retail business to V-Mart Retail
Thu, Jul 22, 2021 2:33 PM

Arvind Lifestyle offloads Unlimited retail business to V-Mart Retail

Get it on Google Play
Arvind Lifestyle Brands, a wholly-owned unit of Arvind Fashions, inked a definitive agreement for strategic sale of assets of its Unlimited retail business to V-Mart Retail in an all-cash transaction deal. Unlimited operates a chain of 74 value fashion retail stores across South and West India and retails fashion apparel and accessories for men, women and children at affordable prices.

More great flips

Tatva Chintan IPO stocks trade at over 100% premium in grey market

Tatva Chintan IPO stocks trade at over 100% premium in grey market

Ahead of listing on July 29, Tatva Chintan Pharma Chem stocks traded at over 100% premium in the grey market on July 27. The bumper IPO subscription, leading position in manufacturing of structure-directing agents for zeolites in India, robust financials and return ratios, and high-quality product portfolio could be key reasons for the hefty grey market premium.

Open Flip
10,000th unit of new Safari rolled out by Tata Motors

10,000th unit of new Safari rolled out by Tata Motors

Tata Motors has rolled out the 10,000th unit of the new version of its SUV Safari. Post the dispatch of the 100th unit in February 2021, the last 9,900 units of the new Safari were rolled out in less than four months from the company's Pune plant. The Safari comes with Tata Motors' Impact 2.0 design language with capability of OMEGARC, the architecture derived from Land Rover's famed D8 platform.

Open Flip
ICICI Bank assigns more than 2.41 lakh equity shares under ESOS

ICICI Bank assigns more than 2.41 lakh equity shares under ESOS

ICICI BankĀ allotted 2,41,104 equity shares of the face value of Rs2 each on July 26, 2021, under the Employee Stock Option Scheme (ESOS). On Monday, the private lender's stocks scaled a 52-week high after delivering robust operating performance for Q1'FY22. Bank's net profit jumps 78% to Rs4,616cr during the quarter. The current market cap of the company is Rs4,68,712.07cr.

Open Flip

Join our Smart Investment Community

More than 250,000 users are using FlipItNews to stay updated about the business and finance world! Join FlipItNews now and take smart investment decisions!
Icon