Banco Products (India) has received in-principle approval to identify / analyses various restructuring options available with the Company (Being Sale / transfer / disposal of assets of subsidiaries / material subsidiary of the Company or disposal of investment in material subsidiary of the Company) which shall be in the interest of the Company and its stakeholders. The Board of Directors of the Company at its meeting held on December 07, 2019 has approved the same.
Banco Products (India) is engaged in the manufacture of high quality engine cooling components and engine sealing gaskets to the automotive.