Corporate Announcement
Security Code : 504058    Company : NIPPOBATRY    
 
Updates 
  Exchange Disseminated Time     14/08/2015 18:25:52
Indo National Ltd has informed BSE that M/s. Helios Strategic Systems (I) Ltd (Wholly owned subsidiary of Indo National ltd) has entered in to a shareholders agreement with M/s. Kineco Private Limited ( world class composite manufactures based in Goa) on August 12, 2015 for purchase of 50.99% of the diluted equity share capital of the Company. The overall consideration for the said acquisition is fixed at Rs.40 Crs.

They design, develop and manufacture wide range of composites part and assembly for:

- Telecommunications
- Automotive
- Railways
- Water Treatment & Process Equipment
- Aerospace & Defense
 

Disclaimer

Back To Announcements