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    Nandan Denim Limited is going to achieve Net Debt Free Status

    Nandan Denim Limited is going to achieve Net Debt Free Status


    Finance Outlook India Team | Friday, 27 September 2024

    Ahmedabad, September 27th, 2024: Nandan Denim Limited, a world famous denim producer, plans to seek funds at its forthcoming board meeting. This smart action by the corporation will help it achieve its Net Debt Zero goal. The company's innovative production plant is committed to creating high-quality cotton fiber fabric, with substantial research and development backing it up.

    Nandan Denim Limited, backed by the Chiripal Group's more than 50-year manufacturing legacy, is dedicated to continuous innovation to meet diverse market needs and achieve the highest level of customer satisfaction. Jyotiprasad Chiripal, Managing Director of Nandan Denim Limited, stated that the group is dedicated to be debt-free, allowing it to focus solely on increasing customer value.

    Jyotiprasad has expressed unrestrained delight for investor faith in the company's mission. He also stressed the company's commitment to providing the highest quality denim, fabric, and yarn to both local and international consumers.

    "We are overjoyed that our investors have shown faith in our brand's journey and future market potential by assisting us in raising the funds necessary to achieve net debt zero. Our mission is to constantly improve on market demand and improve the quality of denims, fabric, and yarn for our end consumers both locally and abroad. This money would not only help us become net debt free, but will also greatly contribute to our efforts to modernize our manufacturing methods," highlighted Jyotiprasad.



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