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Sicagen India to acquire Bengaluru based Danish Steel

14 Sep 2016 Evaluate

Sicagen India has announced the acquisition of Danish Steel, a Bengaluru based company which specializes in precision fabrication of Stainless steel along with Carbon steel, Mild steel and Aluminum. Sicagen will acquire 100% equity stake from the existing promoters, in a phased manner.

This acquisition by Sicagen India will help propel the company to capitalize the opportunities in High end/ High Precision Steel & Metal fabrication business and also provide significant long term growth benefits.

Sicagen India is leading in providing services of trading and marketing of construction related material, technical services & manufacturing of industrial products.



Sicagen India Share Price

54.84 -1.73 (-3.06%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Redington 222.80
Adani Enterprises 2505.65
Amrapali Industries 18.21
Rashi Peripheral 530.50
PDS 300.95
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