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Remsons Industries transfers entire holding in Remsons UK

11 Mar 2021 Evaluate

Remsons Industries has transferred and disposed off its entire holding in its wholly owned subsidiary viz. Remsons UK, on March 9, 2021. Consequently, the said Remsons UK ceased to be the wholly owned subsidiary of the company.

Remsons Industries is engaged in the manufacture of cables, flexible shafts, gear shift systems, push pull cables and park brake mechanisms. The product range of the company includes Cables- The company manufactures cables for two-wheelers, three-wheelers, four-wheeler, commercial vehicles, construction equipments, mining equipment and farm equipments.

Peers
Company Name CMP
SamvardhanaMotherson 159.75
Tube Investments 2217.75
Bosch 44880.45
UNO Minda 1105.30
Bombay Burmah Trdg. 1235.50
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