Decathlon hikes share capital as part of India expansion plans

Decathlon hikes share capital as part of India expansion plans

After the government allowed 100% foreign direct investment (FDI) in single-brand retail, sports goods retailer Decathlon converted its cash-and-carry stores to single-brand outlets. MINT

French sports goods retailer Decathlon has increased its share capital in its Bengaluru-based Decathlon Sports India Pvt. Ltd by adding Rs.200 crore in a year as part of expansion plans in the country, according to documents filed by the Indian entity with the Registrar of Companies (RoC).

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