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Igarashi Motors completes acquisition of export division of Agile Electric

31 Oct 2018 Evaluate

Igarashi Motors India has completed the acquisition of export division of Agile Electric Sub Assembly as a going concern on Slump Sale in terms of Business Transfer Agreement which were executed between the company and Agile Electric Sub Assembly.

Igarashi Motors India is engaged in the production and sales of D.C. motors for toys and model ships. The product range of the company includes DC Motors, Gear Motors, High Voltage Motors, Armatures, etc.

Peers
Company Name CMP
Waaree Energies 2491.80
Apar Industries 17767.45
Havells India 1095.00
Suzlon Energy 40.78
Siemens 3874.65
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