7NR Retail Limited acquires 8.62% stake in Magenta Lifecare Private Limited

7NR Retail Limited is the Company engaged in the business of trading of fabrics and apparels in the wholesale and retail segments. 7NR Retail Limited has acquired 8.62% stake in Magenta Lifecare Private Limited, a company operating in Business of Mattresses and Pillows based in Vadodara, Gujarat.

With this investment, 7NR Retail Limited aims to enter into the business of home decor products like mattresses and pillows. This is first step by 7NR Retail Limited towards the business of home decor.

Source : Equity Bulls

Keywords

7NRRetail StakeAcquisition MagentaLifecare