KDDL acquires balance stake in Swiss watch component maker - Pylania

25 Nov 2022 , 01:34 AM

KDDL announced that Kamla International Holdings SAKIH wholly owned subsidiary of the Company has acquired 3000 equity shares 15Percentage of Pylania SA a subsidiary of KDDL from its existing shareholder which resulted in increase of KIH equity shareholding from 475Percentage to 625Percentage Consequently Pylania SA has become 100Percentage subsidiary of the Company directly and indirectly through its wholly owned subsidiary Kamla International Holdings SA By virtue of the present acquisition the holding of the Company in Estima AG has increased from 9550 Percentage to 100 Percentage