Q4 2024 Kewal Kiran Clothing Ltd Earnings Call Transcript

May 31, 2024 / 06:30AM GMT
Operator

Ladies and gentlemen, good day, and welcome to the Kewal Kiran Clothing Limited Q4 and FY24 earnings conference call. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Hemant Jain, Joint MD, Kewal Kiran Clothings. Thank you and over to you, sir.

Hemant Jain - Kewal Kiran Clothing Ltd - Joint Managing Director, Whole-time Director

It is our pleasure to welcome all participants to the earnings conference call for Q4 and for the financial year ending March 31, 2024. Joining me on this call is Pankaj Jain, President Retail and Marathon Capital, our Investor Relations advisor. I hope everyone had an opportunity to go through our investor deck and results release that we have uploaded on the exchange and our company's website.

Let me begin by sharing an exciting development. It gives me immense pleasure to share that our Board of Directors have approved acquisitions of 50% stake in Kraus Casuals Private Limited for a total consideration of INR166.51 crore.

KCPL, which

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