Bhagyanagar India has entered into share purchase agreement on February 6, 2018 to acquire Aanvik Mercantile as wholly owned subsidiary. The company has acquired 45,000 equity shares at a face value of Rs 10 each amounting to Rs 4,50,000 which constitutes 100% of the paid up capital of Aanvik Mercantile.
Bhagyanagar India is engaged in the manufacture of copper and other copper products and alloys. The company has diverse business streams, such as real estate and infrastructure, and non-conventional energy, including wind and solar.
