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Rishi Laser enters into settlement agreement with Phoenix ARC

26 Apr 2016 Evaluate

Rishi Laser has entered into a settlement agreement with Phoenix ARC (Trustee of Phoenix Trust FY 16-24) with regard to the assignment of debt by Axis Bank to Phoenix ARC.

Rishi Laser is engaged in manufacturing of steel and steel products. They provides equipment services to railways, earthmoving machinery, automotive, power plants, telecommunications and instrumentation, textile and general engineering.

Peers
Company Name CMP
Bharat Heavy Elect. 419.20
Thermax 3449.00
Kirloskar Industries 3588.85
Skipper 551.30
INDO-MIM 1275.35
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