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Stovec Industries executes asset transfer, trademark assignment agreement with ASSPL

18 Apr 2018 Evaluate

Stovec Industries has executed asset transfer agreement and trademark assignment agreement with Atul Sugar Screens (ASSPL) on April 17, 2018. Both the parties have agreed for April 17, 2018 as the date of closing of Asset Transfer Agreement.

Earlier, Stovec Industries’ Board had approved the sale of the identified assets (production assets and intangibles relating to the sugar screens business) of the company. The board had also approved the assignment of the trademark ‘Atul’ to Atul Sugar Screens (ASSPL), a fellow subsidiary of the company.

Stovec Industries is an India-based company, which is engaged in the development and production of consumables for their use in textile and graphic printing industry.


Stovec Inds Share Price

2005.30 39.50 (2.01%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
LMW 14357.85
Stovec Inds 2005.30
Harish Textile Engin 69.90
Veejay Lakshmi Engg 37.83
Meera Industries 59.68
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