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Yuken India gets nod for amalgamation with Yuflow Engineering

16 Apr 2021 Evaluate

Yuken India has received approval for the draft Scheme of Amalgamation (Scheme) of Yuflow Engineering (Wholly owned Subsidiary) with the company and their respective shareholders and creditors, subject to sanction of the Scheme by the jurisdictional National Company Law Tribunal under the provisions of Section 230 to 232 of the Companies Act, 2013. The board of Directors at their meeting held on April 15, 2021 has approved the same.

Yuken India is engaged in the business of design, manufacture, sale and servicing of hydraulic equipment like pumps, valves, power packs, machinery, components and accessories for various applications.

Peers
Company Name CMP
Kirloskar Brothers 1772.00
Elgi Equipments 602.95
Shakti Pumps (India) 466.85
KSB 817.95
Oswal Pumps 275.15
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