# Arvind demerges textile, apparel and engineering businesses into separate entities

Arvind Ltd received NCLT approval to demerge its textile, branded apparel and heavy engineering businesses into Arvind Fashions Ltd and Anup Engineering Ltd, which will be listed separately.

- Type: Acquisition
- Announced: 2018-11-29
- Where: India
- Status: announced
- Products: textiles, branded apparel, heavy engineering equipment
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Arvind Ltd](https://endata.com/companies/30853.md)
- [Anup Engineering](https://endata.com/companies/6709.md) (target)
- [Arvind Fashions](https://endata.com/companies/35151.md) (target)

## Sources

- [indiantextilemagazine.in](https://www.indiantextilemagazine.in/arvinds-strategy-linked-with-growth-in-textile-advanced-materials/), 2018-11-29: "The demerger will allow each business to have a sharper focus on developing their own aggressive growth models"

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