Held on 25 April 2018
The Board of Kitex Garments at its meeting held on 25 April 2018 has approved the following -
1. To incorporate 2 Wholly owned Subsidiary Companies.
2. To increase the manufacturing capacities of the Company to meet rising future demand.
3. To engage M/s. KMPG in total implementation of project.
4. To invest Rs. 400 crore (Rs. 200 crore each) in these Companies from internal accruals and borrowings.
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