V-Mart Retail Limited to Acquire the Assets from Arvind Lifestyle Brands Ltd - Special Call Transcript
Ladies and gentlemen, good day, and welcome to V-Mart Retail Limited Conference Call on the Acquisition of the Unlimited Stores hosted by IIFL Securities Limited. (Operator Instructions) Please note that this conference is being recorded.
I now hand over the conference to Mr. Percy Panthaki from IIFL Securities Limited. Thank you, and over to you, sir.
Hi. Good morning, everyone. Welcome to this call on the acquisition of 74 stores of Unlimited from Arvind by V-Mart. We believe that this is a very important milestone in V-Mart's life because it gives them access to new markets that they were not present in and help them become a pan-India player.
On the call, we have with us Lalit Agarwal, the Managing Director; and Anand, the CFO. So without any further ado, I'll hand over the call to Lalit to take us through the rationale for the acquisition and then we'll open up for Q&A.
Over to you, Lalit.
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