KEI Industries to incorporate WOS in Australia

10 Dec 2015 Evaluate

KEI Industries has received an approval for setting up a wholly owned subsidiary (WOS) of the company in Australia. The board of directors at their meeting held on December 09, 2015 has approved for the same. The company will now proceed to take necessary steps as required under the applicable laws for setting up WOS in Australia.

The purpose of setting up of the said subsidiary is to bid Cable Supply Tenders and Turnkey Cable Projects/Contracts and such other business opportunities as determined by the company from time to time.

KEI industries incorporated in 1968, is engaged in manufacturing of high and low tension cables (EHT, HT and LT), control and instrumentation cables, house wires and stainless steel wires.



KEI Industries Share Price

1226.35 69.75 (6.03%)
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