Bilpower has divested its holding in Destimoney Securities as the company has sold 40,81,633 equity shares of face value of Rs 10 each of Destimoney Securities.
Bilpower is a leading power engineering company in India. The company is involved in manufacturing electrical laminations made up of cold rolled grained oriented (CRGO) steel sheets and stampings (stators and rotors). It is also engaged in the import and export of CRGO and CRNGO electrical steel sheets, coils and offcuts.