Welspun Living Starts Full Commercial Production at ₹122 Crore Nevada Pillow Unit
Welspun Living's subsidiary, Welspun USA Inc., has transitioned to full commercial production at its new pillow manufacturing plant in Nevada, USA. The facility represents a capital expenditure of US$ 13 million (₹122.20 crore) aimed at scaling the company's presence in the North American home textiles market.
Kewal Kiran Clothing Reports 20.9% Revenue Growth in FY26, Beats EBITDA Margin Guidance
Kewal Kiran Clothing Limited (KKCL) delivered a robust financial performance for the fiscal year 2026, with annual revenue crossing the ₹1,200 crore milestone. The company successfully expanded its EBITDA margins to 19.6%, exceeding its previously guided range of 17-18%, driven by strong operating leverage and an aggressive retail expansion strategy.
Varvee Global Ltd Bags ₹12.08 Cr Order for Suiting Fabrics to Drive Non-Denim Growth
Varvee Global Limited has secured a significant purchase order valued at ₹12.08 Crore for the supply of nearly 9 lakh meters of suiting fabrics. This order, scheduled for completion within the next three months, marks a strategic step in the company's expansion into value-added non-denim textile segments.
Aviva Industries Board to Evaluate ₹350 Crore Fund Raise via Multiple Instruments
Aviva Industries has updated its board meeting agenda for May 14, 2026, to include a significant fund-raising proposal with an indicative valuation of ₹350 Crore. The company intends to explore various capital-raising avenues, including qualified institutional placements and preferential issues, to facilitate its long-term growth strategy.
Nandani Creation Expands Delhi Presence with Two New Jaipur Kurti Franchisee Outlets
Nandani Creation Limited is accelerating its retail growth by signing two new franchisee stores in Delhi's prominent commercial hubs, Karol Bagh and Rohini. These outlets will feature the Jaipur Kurti and Amaiva brands, supporting the company's broader objective to add 20 stores within the next 24 months.