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Indag Rubber gets nod for investment of $1.8 million in SRL 142 Holdings

14 Jan 2017 Evaluate

Indag Rubber received its board’s approval for investment of $1.8 million in Cumulative Compulsorily Convertible Preference Shares of SRL 142 Holdings (Jersey) bearing a 12% coupon and convertible into common equity of SRL 142 Holdings (Jersey). The company’s board gave approval for the same at its meeting held on January 12, 2017.

Indag Rubber is a tread manufacturing company. The company is engaged in the manufacturing of the Precured Tread Rubber, Bonding Repair and Extrusion Gum, and Rubber Cement, which are used for retreading of tires.

Indag Rubber Share Price

86.51 2.74 (3.27%)
05-Jun-2026 10:39 View Price Chart
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