Monte Carlo Home Textiles Limited announced that it has received INR 157 million in funding from Monte Carlo Fashions Limited

On March 29, 2023, Monte Carlo Home Textiles Limited closed the transaction. The company amended size of the transaction. The company additionally issued 2,000,000 common shares at a price of INR 10 per share for proceeds of 20,000,000 bringing aggregate gross proceeds of INR 157,000,000.