BRFL

Bombay Rayon Fashions Limited has informed the Exchange that the Board of Directors in their meeting held on October 27, 2010 has approved the acquisition of equity shares and Optionally Convertible Debentures (OCDs) alongwith underlying securities from the existing investors and OCD holders, constituting in the aggregate 70.56% equity stake in Indore based Textile Company STI India Limited (STI), a Company listed on Bombay Stock Exchange Limited and National Stock Exchange of India Limited for the total consideration of Rs. 70 crores. The said acquisition of equity shares has triggered an ope

Bombay Rayon Fashions Limited has informed the Exchange that the Hon'ble High Court of Judicature at Bombay has approved the Scheme of amalgamation of Leela Scottish Lace Private Limited, a wholly owned subsidiary with the Company. The effective date of the aforesaid Merger is November 28, 2008.

Bombay Rayon Fashions Limited has informed the Exchange that With reference to above, we wish to inform you that "The Board of Directors of the Company has inter - alia considered and approved the acquisition of a 'Garment Unit' of Maryan Apparel Private Ltd at a consideration of Rs.14.74 crores Maryan Apparel Private Ltd is engaged in the business of manufacturing & exports of garments having its manufacturing facility at KINFRA International Apparel Park, Kizhakutpal, Thiruvannthapuram. The Board has approved the necessary Memorandum of Understanding (MOU) to be entered into & taking necessa

Bombay Rayon Fashions Limited has informed the Exchange that "The Board of Directors of the Company has inter-alia consider and approved the acquisition of "LNJ Apparel" a Unit of RSWM Ltd (formerly known Rajasthan Spinning & Weaving Mills Ltd) at a consideration of Rs.25.50 crores. LNJ Apparel in engaged in the business of manufacturing & exports of garments having its manufacturing facility at Village Bidadi, Bangalore. The Board has approved the necessary Memorandum of Understanding (MOU) to be entered into & taking necessary actions in this regard".

Bombay Rayon Fashions Limited has informed the Exchange that the Board of Directors of the company at their meeting held on July 03, 2007 has considered/ approved the Acquisition of Garment Business of 'Leela Scottish Lace Private Limited' (Leela), by 'Bombay Rayon Apparels Private Limited', a wholly - owned subsidiary of the Company at a consideration of Rs.155 crores. Leela is engaged in manufacturing and exports of readymade garments to big international labels having eighteen (18) manufacturing facilities at Bangalore, Chennai, Kochi & Thruvananthapuram.