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Indag Rubber to invest up to Rs 14.50 crore in SUN Mobility Investor

27 Jul 2018 Evaluate

Indag Rubber has received an approval for the investment up to Rs 14.50 crore ($2.1 million) by way of acquisition of 21,00,000 equity shares of $1 each of SUN Mobility Investor (Jersey). The Board of Directors of the company in their meeting held on July 26, 2018, approved the same.

Indag Rubber pioneered the introduction of cold retreading technology in India. The company offers complete range of application specific tread patterns for transportation industry with cost effective tyre solutions.

Indag Rubber Share Price

94.36 -0.46 (-0.49%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Apcotex Inds 390.15
Pix Transmission 1525.40
GRP 2001.50
Harrisons Malayalam 211.50
Tinna Rubber & Infra 715.75
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