Tag
Textiles & Apparel
17 articles
Textile and apparel companies are navigating a mixed landscape of strategic investments, regulatory filings, and shifting ownership dynamics. Rupa & Company anticipates 10-12% revenue growth and margin expansion through price adjustments and volume increases, while Bella Casa reported a strong 27.5% jump in net profit for FY26. Elsewhere, companies like S.P. Apparels and Vashishtha Luxury Fashion are addressing insider trading regulations and related-party transactions, and Kati Patang's promoter group has reacquired shares previously used as loan collateral. These developments highlight the sector’s ongoing efforts to optimize operations, adapt to evolving market conditions, and manage stakeholder interests, though Saraswati Saree Depot faced margin pressures despite revenue growth.
Lux Industries Approves ₹600 Crore Capacity Expansion
Lux Industries Board approved ₹600 crore capacity expansion for Vertical A at Dankuni, West Bengal facility.
The project adds 12 lakh sq ft manufacturing space, targeting incremental annual revenue of
Arvind Limited Seeks Shareholder Approval for ₹600 Crore Fundraise
Arvind Limited issues a postal ballot notice seeking shareholder approval via special resolution to raise up to ₹600 crores through equity or other securities.
The proposed capital raise can be execut
Kusumgar Limited ₹6,500 Million IPO Offer for Sale
Kusumgar Limited proposes an IPO comprising an Offer for Sale of up to ₹6,500 million by promoter shareholders Siddharth Yogesh Kusumgar, Sapna Siddharth Kusumgar, and Siddharth Yogesh Kusumgar HUF.
T
Iris Clothings Launches Newborn Gift Set Range
Iris Clothings Limited announced strategic expansion into newborn gift segment with curated 4, 6, and 10-piece gift sets.
The new collection will be distributed through omnichannel network including E
Ganesha Ecosphere Independent Director Resigns
Narayanan Subramaniam resigned as Independent Director effective June 30, 2026, citing personal commitments and limited availability for board meetings.
His resignation includes cessation from all boa
Sueryaa Knitwear Director Manshi Sharma Resigns
Ms. Manshi Sharma resigned as Non-Executive Director effective July 1, 2026 citing personal exigencies.
Board meeting held on July 1, 2026 approved reconstitution of Nomination and Stakeholders Relati
Kitex Garments Appeal Adjourned by Supreme Court
Supreme Court heard Civil Appeal No. 8493/2014 filed by Kitex Garments Ltd against the Customs and Central Excise Settlement Commission on 1 July 2026.
The bench comprised Justices M.M. Sundresh and S
Sarla Performance Fibers FY26 Revenue Drops 6%, Profit Falls 47%
Sarla Performance Fibers reported standalone revenue decline of 6.45% to ₹396.34 crore and PAT drop of 47.33% to ₹26.25 crore, impacted by ₹54.33 crore exceptional loss from subsidiary sale.
Company d
Alok Industries FY26 Net Loss Widens to ₹780 Crore
Alok Industries reported standalone net loss of ₹779.81 crore for FY26, slightly higher than ₹768.81 crore loss in previous year, with accumulated losses reaching ₹23,648.21 crore.
Revenue declined 0.
RajNandini Fashion Promoter Acquires 56,000 Shares
Promoter Vikesh Lunawat discloses acquisition of 56,000 equity shares in RajNandini Fashion India Limited via open market purchase on 19 June 2026.
Post-acquisition holding increases to 71,54,300 shar
Raymond Lifestyle Reports 11% FY26 Revenue Growth, Declares Dividend
Raymond Lifestyle achieved FY26 consolidated revenue of ₹7,034 crore with 11% YoY growth and EBITDA margin expansion of 120 bps to 11.4%.
The company declared a final dividend of ₹1 per share and appo
Raymond Lifestyle FY26 Results: 11% Revenue Growth, ₹1 Dividend
Raymond Lifestyle reported 11% YoY revenue growth to ₹7,034 crore with EBITDA margin expansion of 120 bps to 11.4% and net profit of ₹46.17 crore for FY26.
The company declared a final dividend of ₹1
S.P. Apparels CEO Sells 2,245 Shares
S.P. Apparels discloses a market sale of 2,245 equity shares by its CEO, a designated person, per SEBI insider trading rules.
CEO P.V. Jeeva sold shares in two tranches on June 3rd and 15th, 2026, for
Kati Patang Promoter Group Acquires 19 Lakh Shares
Kati Patang Lifestyle discloses promoter group entity Virtual Software & Training Pvt Ltd acquired 19 lakh shares via off-market purchase on June 5 & 8, 2026.
The acquisition represents return of shar
S.P. Apparels CFO Sells 1750 Equity Shares
S.P. Apparels CFO V. Balaji sold 1750 shares via market transaction on June 3, 2026.
The sale reduced his holding from 5250 shares (0.02%) to 3500 shares (0.01%).
Transaction was disclosed to exchange
Bella Casa FY26 Audited Net Profit Rises 27.5% YoY
Bella Casa Fashion & Retail reported a 27.5% YoY increase in standalone net profit to ₹20.13 crore for FY26, with revenue up 19.4% to ₹416.40 crore.
The Board re-appointed M/s. Ranjan Mehta & Associat
Filatex Fashions Reclassifies Two Promoters to Public
Filatex Fashions shareholders approved reclassification of Prashant Kumar Sethia and Rajkumar Sethia from Promoter to Public category.
The individuals hold 0.012% and 0.004% stakes respectively and co