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Electrosteel Castings to offload investments in Singardo International

24 Dec 2014 Evaluate

Electrosteel Castings has received an approval to offload 720,000 equity shares of the company’s investment in Singardo International, an associate company of the company. The board of directors at their meeting held on December 24, 2014 has approved for the same.

Electrosteel Castings is engaged in the manufacturing solutions for water supply and sewerage systems. ECL has been certified for ISO 9001:2000 standard by different bodies such as IRQS and BSI for the manufacture of DI pipes for water, sewerage, gas and ash transportation.

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