Adhunik Metaliks has received an approval to sell its entire investment in one of its subsidiaries, Neepz V Forge (India). The board at its meeting held on April 25, 2012 has approved for the same.
Recently, the company had entered into a share purchase agreement for sale of its investment in one of its subsidiaries, Adhunik Power Transmission.
Adhunik Metaliks is the flagship company of the Kolkata-based Adhunik Group of Industries and is engaged in manufacturing of wide range of special steels used for different applications in the fields of automobile, construction and engineering.
