Reliance Brands acquires majority stake in Abu Jani Sandeep Khosla
Reliance Brands Limited (RBL), a subsidiary of Reliance Retail Ventures Ltd, on April 19 signed a definitive agreement to invest well by itself and / or through its affiliates at Couturiers Foremost India Abu Jani Sandeep Khosla (AJSK) for 51 percent of the majority shares.
This strategic partnership aims to accelerate the growth plan of a 35-year-old Couture house in India and throughout the world.
Talking about acquisitions, Isha Ambani, Director, Reliance Retail Ventures Ltd allows us to build a stronger platform for their commitment to be eager to reinstall Indian crafts. Inspiration from the old ones to make with ...