Tranche Update on K.P.R. Mill Limited's Equity Buyback Plan announced on April 30, 2019.
November 18, 2019 at 08:22 am IST
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From April 29, 2019 to November 11, 2019, the company has repurchased 3,750,784 shares, representing 5.17% for INR 2,633.05 million. With this, the company has completed the repurchase of 3,750,784 shares, representing 5.17% for INR 2,633.05 million under the buyback announced on April 30, 2019.
K.P.R. Mill Limited is a vertically integrated apparel manufacturing company. The Company is engaged in the manufacture and sale of Yarn, knitted fabric, readymade garments, and wind power. Its segments include Textile, Sugar, and Others. Its products include yarn, fabric, garments, and sugar. Its yarn ranges include compact yarn, combed yarn, carded yarn, melange yarn, polyester cotton, viscose yarn, and grindel yarn. It also specializes in special yarns, such as color melange, slub yarn, injection slub and others. Its fabric products include single jersey, interlock, 1x1 rib, 2x1 rib, two thread fleece, three thread fleece, pique polo, single jersey with spandex yarn-all/ alternate feeder, and collar and cuff. It offers a range of knitted garments for men, women, and children out of cotton, organic cotton, cotton blends and fair-trade cotton. It also manufactures white crystalline sugar. Its subsidiaries include Quantum Knits Pvt. Limited and K.P.R. Sugar Mill Limited.