Grasim to Acquire Soktas India for Rs 165 Crore
#Grasim to Acquire #Soktas India for Rs 165 Crore
Aditya Birla Group’s garment arm Grasim Industries would be making a complete acquisition of textile firm Soktas India for a value of Rs 165 crore. Soktas India Private Limited (SIPL) has presence in the premium fabrics segment under the brand name of SOKTA, Giza House and Excellence by SOKTA. The deal would help the Aditya Birla group to strengthen its presence in the segment. The transaction…
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