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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. 419.00
Zetwerk Manufactur 165.00
Thermax 2743.85
Kirloskar Industries 3408.50
Skipper 517.80
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