Titagarh Wagons has received an approval for merger of some of the subsidiaries of the company including Titagarh Marine with itself. The board of directors at their meeting held on September 11, 2014 has approved for the same. The above is however subject to necessary compliances in this regard.
The board has also authorized the Restructuring Committee to get a detailed Scheme, valuation report and other data prepared on the subject for consideration at its next meeting.
Titagarh Wagons is engaged in the business of manufacturing Railway Wagons, EMU (Rail Coaches), Bailey Bridges, Heavy Earth, Moving and Mining Equipment, Steel and SG iron castings of moderate to complex configuration etc.
