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Vamshi Rubber to divest stake held in Fortune Tire Tech

24 Oct 2019 Evaluate

Vamshi Rubber has received an approval for disinvestment of shares held in Fortune Tire Tech to one or more potential investors over a period of time in different tranches. The Board of Directors of the company at their meeting held on October 23, 2019, approved the same.

Vamshi Rubber is engaged in the manufacture of Precured Tread Rubber, Cushion Gum & Vulcanizing Solutions.

Peers
Company Name CMP
Apcotex Industries 588.60
Pix Transmission 1721.00
Rubfila Internatl. 62.50
Tinna Rubber & Infra 961.30
GRP 2000.00
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