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Apparel

Birla hikes stake in Digjam

The SK Birla Group has acquired a 3.6 per cent additional stake in Digjam from Asset Reconstruction Co (Arcil) taking its holding to 30.4 per cent. Loss-making Digjam, formerly known as Birla VXL, manufactures fabric for suits and casual wear and exports over half of its production. The SK Birla Group is open to pick up more stake in the open...

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