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Nalwa Sons’ arm to dispose of entire stake in Massillon Stainless

05 Apr 2019 Evaluate

Nalwa Sons Investments’ wholly owned subsidiary -- Jindal Stainless (Mauritius) (JSML) has decided to dispose of its entire shareholding in Massillon Stainless Inc. (MSI), USA, a step down subsidiary company. In this regards, the company has received its board’s approval at their meeting held on March 27, 2019.

Nalwa Son’s Investments is the non banking finance company. The products and services of the company include the business activity of finance and investments.

Peers
Company Name CMP
Bajaj Finserv 1771.00
TVS Holdings 12493.90
Cholamandalam Fin. 1433.10
Altius Telecom Infra 175.00
Kama Holdings 2204.55
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