KDDL acquires stake in ‘Mahen Distribution’
31st Mar 2022

KDDL has acquired 77,000 (1.28%) equity shares of Rs 10 each of ‘Mahen Distribution’ (MDL), subsidiary of the company. Post the above acquisition, MDL has become wholly owned subsidiary of the company. Mahen Distribution is engaged in the business of distribution of watches and manpower placement services.

KDDL is a diverse company focusing on luxury Retail Watches and precision Engineering. It has established India’s largest retail chain for premium and luxury watches- Ethos and SUMMIT.