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Brown and Company PLC Sells Browns Fabric Limited for Rs. 50 Million

A.R.B.J Rajapaksha
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Companies

Brown and Company PLC Sells Browns Fabric Limited for Rs. 50 Million

Brown and Company PLC has announced the sale of its entire 100% stake in Browns Fabric Limited to Ceylon Knit Trend (Private) Limited for Rs. 50,000,000.

The transaction was finalized on June 20, 2024.

Browns Fabric Limited operates a knit fabric manufacturing and processing plant in Pannala.

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