Elpro International Ltd Acquires Equity Shares of Arvind Fashions Limited for INR 5 Crores

Elpro International Ltd has acquired 92,364 equity shares of Arvind Fashions Limited, a leading lifestyle company in India, for a consideration of INR 5 Crores. This acquisition increases Elpro's total holding to 2,95,216 equity shares. Arvind Fashions Limited, incorporated in 2016, has a strong portfolio of renowned fashion brands and has achieved leadership status in the casual and denim segment. The company's consolidated turnover for the last three financial years is as follows: FY 2024-25 - INR 4,654.48 crores, FY 2023-24 - INR 4,292.86 crores, and FY 2022-23 - INR 4,119.83 crores. The company's operations are primarily based in India.