Tuesday , November 19 2019
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Dollar Industries hikes stake in Pepe Jeans Innerfashion

Dollar Industries has increased its stake in Pepe Jeans Innerfashion by making further investment of Rs 4 crore representing 28.57% along with the post allotment of Equity share capital of Pepe Jeans Innerfashion on November 10, 2018.

The total investment of the company post allotment stand increased to Rs 7 crore representing 50% of the total paid-up capital of the company out of total paid up share capital of Rs 14 crore of Pepe Jeans Innerfashion.

Dollar Industries has become a force to reckon within the Innerwear Market. It is one of the country’s top five Hosiery undergarment manufacturers.