Modison Metals divests equity investment held in subsidiary

01 Mar 2019 Evaluate

Modison Metals has divested its equity investment held in its subsidiary Company Modison Contacts. The date of completion of divestment of equity investment held in subsidiary Company and date of receipt of payment is February 25, 2019.

Thus, Modison Contacts ceased to be a subsidiary Company of Modison Metals with effect from February 28, 2019.

Modison Metals manufactures and markets electrical contacts for low, medium, high, and extra high voltage switchgear industries in India and internationally.

Modison Share Price

118.00 1.70 (1.46%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Siemens 5230.00
Havells India 1522.45
Apar Inds 6986.80
ABB India 6350.00
CG Power & Indl.Soln 539.95
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