Dynamatic Technologies has signed an agreement for sale of additional non-core assets for Rs 70 crore. This sale of non-core assets is part of the company’s initiatives to reduce its overall debt thereby improving its Balance Sheet.
Dynamatic Technologies is engaged in the activity of manufacturing hydraulic gear pumps. It is also engaged in manufacturing a variety of advanced hydraulic valves, hydraulic pumping units, custom-made hydraulic solutions, marine power packs, turnkey industrial instrumentation, and complicated aircraft ground-support systems.
