Nilkamal has received approval to enter into Share Sale Agreement (SSA) with Bito Lagertechnik Bittmann GmbH, Joint Venture partner of the Company to acquire their entire shareholding in Nilkamal Bito Storage Systems a Joint Venture Company in India. The Board of Directors of the company at its meeting held July 06, 2019, consented the same.
Post transfer of shares, Nilkamal Bito Storage Systems will become the wholly owned subsidiary of the Company.
Nilkamal’s principal activity is to manufacture injection moulded plastic products. It operates with three segments namely plastics, lifestyle furniture, furnishings & accessories and storage system & others.
| Company Name | CMP |
|---|---|
| Supreme Industries | 3705.80 |
| Astral | 1612.85 |
| Finolex Inds | 174.70 |
| Nilkamal | 1320.05 |
| Jain Irrigation Sys | 33.05 |
| View more.. | |
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