Bombay Rayon Fashions Limited Announces One Time Settlement

Bombay Rayon Fashions Limited is an India-based vertically integrated textile company. The Company is engaged in the manufacture of a range of fabrics and garments from production facilities. It produces fabrics, such as cotton, polyester, tencel, modal, lycra, wool and various blends. It has brands in the Indian, as well as international fashion markets with fabric manufacturing facilities of 100 million meters per annum, garment manufacturing facilities of 90 million pieces per annum. It has in-house multi-fiber capabilities to produce fabrics and their blends. It offers garments for corporate or casual events, including uniforms for teams, a gift or program item and others. Through its apparel brand in Italy, Guru, has stores in approximately 18 countries around the world, including Italy, Spain, France, Germany, Holland, Belgium, Luxemburg, Greece, England, Portugal, the Middle East, Turkey, Russia, Ukraine, Austria, Switzerland, the Canary Islands, Scandinavia, China and India.