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Announced

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Reliance Brands completed the acquisition of a 51% stake in Abu Jani Sandeep Khosla.

Synopsis

Reliance Brands, a brand operator, completed the acquisition of a 51% stake in Abu Jani Sandeep Khosla, a clothing brand. Financial terms were not disclosed. "With this partnership, the brand will focus to position India as a creator of the finest, competing with the finest across the globe, while being committed to championing the Indian artisans and bringing forth their craftsmanship on the world stage. This renewed will enable the brand," Reliance Brands.

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