Hamilton to help Ranbaxy Textiles comply with US laws

04 Jan '12

1 min read

Ranbaxy Textiles announces the engagement of Brenda Lee Hamilton of Hamilton & Associates as its corporate and securities counsel to oversee its compliance with U.S. securities laws. Hamilton & Associates represents publicly traded companies in securities matters and stock exchange listings.

Ranbaxy is a supplier and export of textiles headquartered in Bangalore, India. The company recently launched its international product line and intends to distribute its products in retail outlets in Europe in 2012 and North America by the first quarter of 2013. Ritu Malhotra, the CEO of Ranbaxy stated, "We look forward to this new era for our company."

Malhotra is a designer and manufacturer of textiles such as saris, salwarkameez, lehengacholi, kurta pajama and various other traditional Indian garments. Mahlotrastated, "The beauty of luxurious Indian fabrics and design has evolved from the traditional Indian garments to the fashion houses of Milan and Paris.

This evolution has motivated us to increase our legal and overall staff to accommodate our evolution and entry into the public markets. Ms Hamilton's expansive understanding of U.S. and European securities laws during our expansion brings us specialized representation as we enter our period of growth and public listing."

Hamilton & Associates

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