Schrader Duncan sells its Mulund land for Rs 43.88 crore

Duncan Engineering Ltd. | Engineering - Industrial Equipments | Capital Goods & Industrial Consumables | BSE: 504908 | NSE:

25 Jun 2012 Evaluate

Schrader Duncan has sold its land in Mulund and possession of the said land has been handed over to the purchaser. The company has received the sale consideration of Rs 43.88 crore from the buyer.

The company is an Indo-American joint venture with Schrader Bridgeport International Inc, USA which is a part of Tomkins, UK, and a global major with sales of over $4 billion. Originally incorporated as Schrader Scovill Duncan in 1961, the company is a pioneer in the Tyre tube valves and Pneumatic products in India.

Peers

Company Name	CMP
Bharat Heavy Elect.	419.20
Thermax	3449.00
Kirloskar Industries	3588.85
Skipper	551.30
INDO-MIM	1275.35
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
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