# Arvind gets NCLT approval for demerger of branded apparel and engineering businesses

Arvind Ltd received NCLT approval to demerge its branded apparel business into Arvind Fashions and its engineering business into Anveshan Heavy Engineering, effective from November 2018.

- Type: Leadership
- Announced: 2018-10-26
- Where: India
- Status: announced
- Products: branded apparel, engineering products
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Arvind Ltd](https://endata.com/companies/30853.md)
- [Arvind Fashions](https://endata.com/companies/35151.md) (target)
- [Anveshan Heavy Engineering](https://endata.com/companies/35152.md) (target)

## Sources

- [economictimes.indiatimes.com](https://economictimes.indiatimes.com/news/company/corporate-trends/arvind-gets-nclts-approval-for-demerger-of-branded-apparel-engineering-biz/articleshow/66384336.cms), 2018-10-26: "We expect that demerger will become effective during 3rd or 4th week of November"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
