IVP has received approval for sale of Undertaking/property of the Company situated at Plot no. E-IZ, Chikalthana Industrial Area, Aurangabad in the state of Maharashtra, not exceeding Rs 30 crore. The Board of Directors of the Company at its meeting held on May 29, 2019 has approved the same.
IVP is engaged in manufacture ring and exporting of foundry chemicals, castings and allied product. The Company manufactures cast iron inoculants for automotive industries and it includes barium based ferro silicon inoculants, zirconium / manganese based inoculants and strontium based inoculants. The company also in the business segment of foundry chemicals.