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Remsons Industries informs about company updates

08 Sep 2020 Evaluate

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Remsons Industries has informed that the company is a leading automotive components manufacturer, has entered into a binding agreement through international bidding to acquire the business of Magal Cables (‘MCL’) along with the shares of its associates, subsidiaries and JV.

above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
SamvardhanaMotherson 164.20
Tube Investments 2550.60
Bosch 47780.00
UNO Minda 1229.35
Bombay Burmah Trdg. 1432.00
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