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Sundaram Brake Linings gets nod to join hands with Tokai Material Company

11 Feb 2019 Evaluate

Sundaram Brake Linings (SBL) has received approved for transfer of technology along with customer base, for manufacture of Brake Linings for select applications in Commercial Vehicles from Tokai Material Company, Japan. The Board of Directors of the Company at its meeting held on February 09, 2019 has approved the same.

Sundaram Brake Linings is engaged in manufacturing automotive, non-automotive and industrial friction materials.

Peers
Company Name CMP
SamvardhanaMotherson 162.00
Tube Investments 2563.80
Bosch 48125.00
UNO Minda 1235.00
Bombay Burmah Trdg. 1464.70
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