clock December 24,2023
Brown and Company PLC Sells Browns Fabric Limited for Rs. 50 Million

Brown and Company PLC Sells Browns Fabric Limited for Rs. 50 Million

Brown and Company PLC has announced the sale of its entire 100% stake in Browns Fabric Limited to Ceylon Knit Trend (Private) Limited for Rs. 50,000,000.

The transaction was finalized on June 20, 2024.

Browns Fabric Limited operates a knit fabric manufacturing and processing plant in Pannala.

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