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Encompass Design Signs Rs.4.65 Crore Non-Binding Term Sheet To Acquire Bummer


13 October 2026
Encompass Design India Ltd.

Proposed acquisition of 100% of Ballr Apparels Private Limited (Bummer brand) for Rs 4.65cr (Rs 4cr share swap plus Rs 0.65cr cash), loss-making innerwear and loungewear retailer with Rs 8.23cr turnover; non-binding term sheet, completion in about six months subject to due diligence and definitive agreements.


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