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Rico Auto gets NCLT’s nod for scheme of amalgamation

26 Dec 2017 Evaluate

Rico Auto Industries has received the National Company Law Tribunal’s (NCLT) approval for the amalgamation of Uttarakhand Automotives, wholly owned subsidiary with itself.

Rico Auto Industries is engaged in the manufacturing of clutch and crank case. The company is engaged in the manufacturing and sale of auto components for two wheelers and four wheelers.

Peers
Company Name CMP
SamvardhanaMotherson 164.50
Tube Investments 2587.05
Bosch 47711.40
UNO Minda 1223.50
Bombay Burmah Trdg. 1450.50
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