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Modison Metals to make Modison Contacts its WOS

11 Sep 2017 Evaluate

Modison Metals has received an approval for making Modison Contacts, a wholly owned subsidiary of the company from a subsidiary Company, with presently holding 60% shareholding. The board of directors at their meeting held on September 11, 2017, has approved for the same.

Modison Metals manufactures and markets electrical contacts for low, medium, high, and extra high voltage switchgear industries in India and internationally.

Peers
Company Name CMP
Waaree Energies 2342.90
Apar Industries 17648.65
Havells India 1040.60
Suzlon Energy 38.96
Siemens 3790.00
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