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The acquisition was disclosed in the company's IPO prospectus in November 2025, which stated that PW had signed share purchase and shareholders' agreements with Sarrthi IAS and its promoters in September 2025 to acquire up to 85% of the company in six tranches between FY26 and FY31, with the valuation linked to an EBITDA based mechanism

Next Story Reinventing Indian Fashion for the Next Generation: Building Enduring Brands in a Dynamic Market BY - Guest Author India's fashion and retail industry is entering a transformative phase