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Jost’s Engineering inks agreement with Fardan Belts Manufacturing

13 Apr 2018 Evaluate

Jost’s Engineering Company has entered into a binding agreement with Fardan Belts Manufacturing Company, to acquire and assume unexpired Leasehold Rights in respect of land situated at Plot No. L-5 in the Additional Murbad Industrial area within Village Kudavli, District-Thane along with factory building constructed thereon for a total consideration of Rs 554 lakh.

Jost’s Engineering Company is an India-based company, which is engaged in the sale of manufactured material handling equipment. The company is also engaged in the sale of traded goods-engineered products.

Peers
Company Name CMP
Bharat Heavy Elect. 451.50
Thermax 3234.20
Kirloskar Industries 3540.95
Skipper 551.45
INDO-MIM 1349.70
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