Gallantt Metal is planning to acquire GL Steel and Power as a Wholly Owned Subsidiary. The meeting of the Board of Directors of the company will be held on February 28, 2018, to consider the same.
The Board will also consider Inter-Corporate Loan to GL Steel and Power within the limits as prescribed under Section 186 of the Companies Act, 2013.
Gallantt Metal manufactures Sponge iron, M.S Billets, Re-Rolled Products (QST Bars).
| Company Name | CMP |
|---|---|
| Tata Steel | 186.40 |
| JSW Steel | 1320.90 |
| Steel Authority | 184.20 |
| Jindal Stainless | 700.90 |
| APL Apollo Tubes | 2140.00 |
| View more.. | |
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