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Triton Valves to set up two subsidiaries to commence new business

12 Dec 2019 Evaluate

Triton Valves has received an approval for the setting up of two Wholly Owned Subsidiaries to commence business of allied new products and making investments/ granting loans/furnishing corporate guarantees thereof. The Board of Directors of the company at its meeting held on December 11, 2019, approved the same.

Triton Valves is India’s largest manufacturer of automotive tyre tube valves, valve cores and accessories. The product range of the company includes Valves, Cores, Service Tools, Adapters & Plugs. 

Peers
Company Name CMP
SamvardhanaMotherson 158.60
Tube Investments 2170.00
Bosch 50765.00
UNO Minda 1327.90
Bombay Burmah Trdg. 1283.55
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