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Indag Rubber to set up wholly owned subsidiary company

19 Dec 2018

Indag Rubber has decided to set up a wholly owned subsidiary company under the Companies Act, 2013 to enter into the business of electric mobility infrastructure services using equipment such as batteries, charging stations etc. which is subject to the necessary approvals by the relevant regulatory authorities.

The Board of Directors in their meeting held on December 17, 2018, decided 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.

Related Indag Rubber Ltd. Links:

Indag Rubber Share Price

80.10 0.70 (0.88%) Oct 26, 18:01
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