Kalyani Investment Company has informed that the Company has acquired 2,930,218 Equity Shares of Kalyani Carpenter Special Steels (KCSSPL), representing 9.75% of Equity Capital, from Carpenter Technology Mauritius (CTM), wholly owned subsidiary of Carpenter Technology Corporation (CTC), USA. KCSSPL engaged in manufacture of speciality and alloy steels, having its plants at Pune and Ranjangaon, was a joint venture between Kalyani Group and CTC, in which 74% was held by Kalyani Group and balance 26% by CTC.
The above information is a part of company’s filings submitted to BSE.
