MoneyWorks4Me

IFB Industries signs agreement with IFB Automotive towards acquisition of GAAL

20 Jul 2017 Evaluate

IFB Industries has signed an agreement with IFB Automotive towards acquisition of Global Automotive & Appliances (GAAL), Singapore and consideration money of Rs 19.99 crore paid to acquire 100% equity capital of GAAL.

IFB Industries is engaged in the business of manufacturing and trading of home appliances and fine blanking components. The company operates through two segments - Engineering and Home Appliance Products.

IFB Industries Share Price

1360.40 -10.15 (-0.74%)
27-Aug-2026 10:19 View Price Chart
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