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Kewal Kiran Clothing to Strike Off Dormant Subsidiary

Story Highlights
  • Kewal Kiran Clothing Limited focuses on fashion clothing with diverse brands.
  • The company plans to strike off its non-operational subsidiary, Kewal Kiran Lifestyle Limited.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kewal Kiran Clothing to Strike Off Dormant Subsidiary

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Kewal Kiran Clothing Limited ( (IN:KKCL) ) just unveiled an update.

Kewal Kiran Clothing Limited has announced its decision to apply for the strike-off of its wholly-owned subsidiary, Kewal Kiran Lifestyle Limited, from the Registrar of Companies. This decision comes as Kewal Kiran Lifestyle Limited has been a non-material subsidiary with no business operations since its incorporation, and the move is subject to regulatory approvals. This action reflects the company’s strategic decision to streamline its operations and focus on its core business activities.

More about Kewal Kiran Clothing Limited

Kewal Kiran Clothing Limited operates in the apparel industry, focusing primarily on fashion clothing. The company is known for its diverse range of clothing brands, including Lawman, Integriti, Killer Jeans, and Easies, catering to various market segments.

YTD Price Performance: -6.98%

Average Trading Volume: 2,521

Current Market Cap: 34.58B INR

Find detailed analytics on KKCL stock on TipRanks’ Stock Analysis page.

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