Nitin Kasliwal and his family, owners of apparel and fabric maker S Kumars Nationwide Ltd (SKNL), will sell a minority stake between 10% and 12% in their family holding company Anjaneya Holdings Ltd, along with a part of their...
Singapore-based GIC Investments Special (GIC SI) will invest Rs 900 crore in Reid & Taylor (India) Ltd, a subsidiary of S Kumars Nationwide.
"The transaction provides us with significant opportunity not only to expand the Reid & Taylor business, but...
The Reid & Taylor division of S Kumars Nationwide Ltd has become a subsidiary of the latter, enabling a fresh repositioning for the brand.
The move repositions Reid & Taylor as a high profit-margin, luxury brand for men, and is...