Vikas EcoTech Ltd. Board to Consider Rights Issue and Corporate Debt Reduction

BSE and NSE Listed Vikas Ecotech Ltd., an integrated-specialty product solutions company producing a wide variety of superior quality, eco-friendly rubber-plastic compounds and additives has intimated the exchanges that its board will meet on 23rd January, 2021. The announcement further states that the board will consider rights issue of shares, consider and device a corporate debt reduction programme, and consider and approve Q3 results for quarter ended 31st December, 2020. Earlier, the company had announced that it had decided to invest up to Rs. 75 crores in next 2 years,…

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Ace Turtle to Partner with Kontoor Brands to Lead Integrated Strategy for Lee and Wrangler in India

Ace Turtle, India’s leading omnichannel retail platform company, has reached a definitive agreement with Kontoor Brands to become its licensee for India. The partnership will enable Kontoor Brands’ portfolio, including Lee and Wrangler, to be sold through a digitally connected network of online retailers and branded brick and mortar stores. Commenting on the partnership, Nitin Chhabra, CEO, Ace Turtle said, “Retail is undergoing a major transformation in India and this year has shown that a strong E-commerce presence is essential. Our new partnership with Kontoor Brands will enable Lee and…

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