Raymond’s auto components subsidiary - Ring Plus Aqua (RPAL) has agreed to acquire a majority equity stake in Trinity India (TIL), Pune, Maharashtra. On January 05, 2012, RPAL has entered into a definitive Share Purchase Agreement with TIL and its promoters for this purpose.
Trinity India is engaged in the manufacturing and marketing of Forged Auto Components with presence in the domestic and international markets.
Raymond is largest manufacturer of steel files in the world accounting 30% of market share. The company’s textile plants are located in Thane, Vapi and Chhindwara. These plants have received various certifications such as ISO 9001 for quality management systems and ISO 14001 Environment Control Systems.
Company Name | CMP |
---|---|
Raymond | 2011.25 |
Siyaram Silk Mills | 472.80 |
Manomay Tex India | 190.00 |
Ludlow Jute &Special | 84.45 |
KG Denim | 28.00 |
View more.. |