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Bemco Hydraulics to discontinue banking facilities with Bank of Maharashtra

27 Feb 2018 Evaluate

Bemco Hydraulics has decided to discontinue the banking facilities with Bank of Maharashtra after payment of all pending dues to them and to discontinue Consortium Banking and go for multiple banking with Yes Bank and State Bank of India. The Board of the company at their meeting held on February 23, 2018, considered the same.

Bemco Hydraulics is a leading manufacturer of Hydraulic Presses equipments.

Peers
Company Name CMP
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Thermax 3095.60
Kirloskar Industries 3043.90
Skipper 474.80
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