PIL ITALICA Lifestyle ceases to be subsidiary of Dawood Investment

Italica Furniture is the only company in India with CE-certified plastic furniture products.

Sep 24, 2021 04:09 IST India Infoline News Service

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PIL Italica Lifestyle Ltd has informed to the exchange that the Company cease to be subsidiary of Dawood Investment Private Limited with effect from the close of business hours of September 23, 2021, consequent upon the reduction in the shareholding of the latter.

PIL Italica is one of the best Plastic Furniture manufacturers in India. The company provides innovative, durable, and superior-quality plastic furniture.

Italica Furniture is the only company in India with CE-certified plastic furniture products. 

On Friday, PIL Italica ended at Rs7.15 per piece lower by 2.46% on the BSE.

The stocks touched intraday high at Rs7.44 per piece and intraday low at Rs7 per piece.

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