Visagar Polytex to acquire trademark of “FILLE AVIS”; Stock freezes at upper circuit

The company announced to acquire trademark of “FILLE AVIS” to retail Indo-Western Apparels.

Jan 12, 2021 03:01 IST India Infoline News Service

Visagar Polytex
Visagar Polytex has decided to expand its offering beyond Ethnic wears. The company on Tuesday announced to acquire trademark of “FILLE AVIS” to retail Indo-Western Apparels.

In its regulatory filing, Visagar said, "As part of the plans to re-start the retail operations, the Company is considering to expand its offerings beyond the Ethnic Wear. Accordingly, the Company is acquiring the trademark of “FILLE AVIS” to retail Indo-Western Apparels."

" The said trademark will be a part of the Company’s umbrella brand for retail - “VIVIDHA”. Apart from the brick and mortar stores, “FILLE AVIS” will be used in online channels as well," Visagar added.

On Sensex, Visagar ended at the upper price band of Rs1.33 per piece up 4.72% on Sensex. 

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