Textured Jersey Lanka to acquire controlling stake in Ocean India (Pvt) Ltd of Visakhapatnam

June, 29, 2015

With a view to acquiring a controlling stake of Ocean India (Private) Limited, a company that manufactures knit fabric at Visakhapatnam in India, Textured Jersey Lanka PLC has decided to acquire the entirety of the issued shares Ocean Mauritius Limited (Ocean Mauritius), a company incorporated in Mauritius, which is the parent company of Ocean India.

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