Jaimin Gupta, founder of the men's fashion brand Barcelona, has acquired a majority stake in Aarvee Denims and Exports, a Gujarat-based firm. Gupta, along with investors Tarachand Agrawal and Qmin Industries, has purchased 1.42 crore shares of Aarvee, triggering an obligation to make an open offer to acquire up to 26% of the company's equity at Rs 41 per share. Read The Rest at :
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