A file photo of Sanjay Lalbhai, chairman and managing director, Arvind Ltd. Photo: Jaydip Bhatt/Mint
Mumbai: Arvind Ltd will demerge and publicly list its branded apparel and engineering businesses to focus better on its core textiles business, the company said on Wednesday.
Once the restructuring is complete, Arvind Ltd will hold the textiles business, Arvind Fashions Ltd the branded apparels business and Anup Engineering Ltd the engineering business.
Arvinds branded apparels business includes licensed international brands like Tommy Hilfiger, Calvin Klein and US Polo Association.
Three of our companies will get listed, Sanjay Lalbhai, chairman and managing director of Arvind Ltd, told reporters. All these three businesses are going to be i…
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