Monday, 10 February 2014

Epic Research Update : Mudra Lifestyle

Mudra Lifestyle has received an approval to sell Unit D-1 of company’s Fabric Business located at Tarapur, with related assets and liabilities as identified, on a going concern basis, by way of slump sale to E-Land Fashion India, which is a 100% subsidiary of the holding company, E-Land Asia Holding, for a lump sum consideration of Rs 46.49 crore.

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