Active Clothing To Issue Warrants Worth Rs 230 Million

Active Clothing Co Ltd, a prominent player in the apparel manufacturing industry, has unveiled its decision to issue warrants worth Rs 230 million. The issuance is expected to provide the company with additional capital resources to fund expansion projects, improve liquidity, and support strategic investments in the competitive textile market.  

Key highlights 

• Active Clothing Co Ltd to issue warrants valued at Rs 230 million.  
• Issuance aimed at strengthening capital base and enhancing financial flexibility.  
• Funds expected to support expansion initiatives and operational growth.  
• Move reflects company’s confidence in long-term prospects of the apparel sector.  
• Industry analysts view the decision as a strategic step to attract investor interest.  
• Company continues to focus on innovation and strengthening its market presence.  

The warrant issuance is expected to provide Active Clothing with greater flexibility in financing future projects, while also signaling confidence in its growth trajectory. With India’s apparel and textile industry witnessing steady demand, the company’s move positions it to capitalize on emerging opportunities.  

Sources: Reuters, Economic Times, Business Standard