Kennametal India has received an approval for the incorporation of a Wholly Owned Subsidiary Company. The Board of Directors of the company at their Meeting held on May 10, 2018, approved the same.
The Board also agreed to vesting of the WIDIA brand business belonging to Kennametal India in the Wholly Owned Subsidiary Company.
Kennametal India is a manufacturer of hard metal products and machine tools for the manufacturing industries, including auto and auto ancillaries, light and general engineering industries.
| Company Name | CMP |
|---|---|
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| Thermax | 4681.15 |
| Kirloskar Oil Eng | 1727.60 |
| Skipper | 466.10 |
| GMM Pfaudler | 894.95 |
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