Innoventive Industries gets nod for debt restructuring

03 Jul 2014 Evaluate

Innoventive Industries has received an approval whereby the Corporate Debt Restructuring - Empowered Group (CDR-EG) at its meeting held on June 28, 2014 has approved the proposal of Corporate Debt Restructuring of the company.

Innoventive Industries manufactures precision steel tubes, membrane panel strips, auto components, oil well drilling couplings, pup joints and other precision steel products catering to applications in diverse sectors such as transportation, boilers & heat exchangers, energy, oil & gas, farm equipment & general engineering.

Peers
Company Name CMP
SamvardhanaMotherson 117.05
TVS Holdings 8104.15
Bosch 30046.25
UNO Minda 687.00
Varroc Engineering 511.25
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