Elpro International Acquires Arvind Fashions Limited for INR 9.15 Crores

Elpro International Limited has acquired equity shares of Arvind Fashions Limited, a renowned fashion brand company in India. The acquisition was made for a cash consideration of INR 9.15 Crores. Arvind Fashions Limited has a consolidated turnover of INR 4,654.48 Crores as per the last audited financials (FY 2024-25). The company is a leader in the casual and denim segment with a strong portfolio of brands. The acquisition is a fresh one, with Elpro International acquiring 1,85,379 Equity Shares, making their total holding 1,85,379 Equity Shares.