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Banco Products completes sale of stake in Lake Minerals

28 Mar 2019 Evaluate

Banco Products (India) has completed the transaction for sale of shares in Lake Minerals (Mauritius), Mauritius to Agro Scientific Investments, Mauritius. Consequent to above, Lake Minerals (Mauritius), Mauritius and Kilimanjaro Biochem (Indirect subsidiary) now ceases to be subsidiary of the Company.

Banco Products (India) is engaged in the manufacture of high quality engine cooling components and engine sealing gaskets to the automotive.

Peers
Company Name CMP
SamvardhanaMotherson 162.30
Tube Investments 2580.15
Bosch 47600.00
UNO Minda 1231.80
Bombay Burmah Trdg. 1484.65
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