Khadim India’s share jumped more than 3% after the company announced a collaboration with Underlinen Fashion House Private Limited to sell ‘Puma’ socks through its retail outlets across India
In the exchange filing, Khadim India shared, “The Company has entered into a tieup with Underlinen Fashion House Private Limited (CIN: U17299KA2022PTC168671), exclusive licensee and Master Distributor for Puma Socks and other Puma products in India.”
The company plans to expand its presence in the retail space by collaborating with Puma to sell its socks through the company’s retail outlets across India. This will increase the company’s requirement to serve the growing needs of next-generation customers.
As of 2:07 pm, Khadim India shares were trading 2.39% higher at Rs 377.25 on the NSE.
