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Veejay Lakshmi Engineering to merge Veejay Lakshmi Textiles with itself

21 Nov 2014 Evaluate
Veejay Lakshmi Engineering Works has received an approval for merging the subsidiary, Veejay Lakshmi Textiles with itself. The board of directors at their meeting held on November 13, 2014 has approved for the same.

Veejay Lakshmi is the largest manufacturer of Two-For-One Twister (TFO) in India with more than 5000 installations worldwide. The company is the only manufacturer of Automatic Cone Winders (ACW) in India.  It also manufactures Precision Propeller Assembly Winders (PW) and Random Assembly Winders (AW).

Peers
Company Name CMP
LMW 17240.00
Lohia Corp 587.75
Stovec Industries 1630.00
Veejay Lakshmi Engg 39.01
Indian Card Clothing 213.55
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