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Alstom India receives board approval for dissolution of Alstom Boilers India

07 Jun 2016 Evaluate

Alstom India has received its board approval for dissolution of an immaterial wholly owned subsidiary of the Company -- Alstom Boilers India, since it had not undertaken any operations. The approval was given in the board meeting held on June 06, 2016.

Alstom is a global leader in power generation, power transmission and rail infrastructure. Present in India since 1911, Alstom has strong capabilities in engineering, manufacturing, project management and supply of products and solutions for infrastructure.

Peers
Company Name CMP
Larsen & Toubro 3666.70
Kalpataru Projects 1379.30
NCC 124.35
Rail Vikas Nigam 201.50
KEC International 352.85
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