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.