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Emami#39;s subsidiary invests $5.65 lakh for 7.54% stake in United States firm

News2018-06-22
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Emami#39;s subsidiary invests $5.65 lakh for 7.54% stake in United States firm "Emami International FZE, a wholly owned subsidiary of the company based at Dubai, has made an investment in Loli Beauty Inc., Delaware USA, by subscribing to 12,28,261 series seed prime preferred stock (SSPPS) which will result in stake of 7.54 percent in the company," Emami said in a regulatory filing.

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