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Apparel

Mudra Lifestyle to sell fabric unit to E-Land Fashion

The Board of Directors of Mudra Lifestyle, in its meeting recently, has decided to sell Unit D-1 of the company's fabric business based in Tarapur. This will be done by way of slump sale to E-Land Fashion India, a 100 percent subsidiary of the holding company, E-Land Asia Holding, for a lump-sum amount of Rs 46.49 crores. The Board also approved...

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