Danube Industries Limited to acquire controlling stake in JCR Fashion Retail Pvt Ltd

The Board of Directors of Danube Industries Limited at their meeting held today i.e. December 11, 2025, have, considered and provisionally approved the proposal for acquisition of controlling stake of around 51% in JCR Fashion Retail Private Limited, thereby making subsidiary of the Company.

The Company engaged in the business of Retail of personal and household goods and intends to expand its operations and undertake growth and development activities alongwith reducing the current liabilities and/or debts of the Company.

The object is generally to achieve strategic expansion, diversification, integration, or investment purposes.

Source : Equity Bulls

Keywords

DanubeIndustries ControllingStake Acquisition JCRFashionRetail