Acquisitions14 Mar 2024, 11:57 pm
International Conveyors Limited Acquires Campus Activewear Ltd. for 4.69 Crore
AI Summary
International Conveyors Limited (ICL) has made an acquisition of Campus Activewear Ltd. as per Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Regulations. Campus Activewear Ltd. has a turnover of 1484.25 Cr. and the acquisition is reported to be an investment purpose. The completion of the acquisition is predicted for March 14, 2024, and it's a cash consideration deal.
Key Highlights
- International Conveyors Limited (ICL) acquired Campus Activewear Ltd.
- The acquisition is of 1484.25 Cr. entity.
- Deal worth 4.69 Crore
- The acquisition is for investment purposes
- The completion is predicted by March 14, 2024
- It's a cash consideration deal