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Roto Pumps gets nod for further investment in Roto Pumpen Gmbh, Roto Energy Systems

16 Aug 2021 Evaluate

Roto Pumps has received approval from board of directors for further investment upto Euro 500,000 as a further share capital in Roto Pumpen Gmbh, a wholly owned subsidiary in Germany. The board also approved investment upto Rs 445.00 lakh as a further Share capital in Roto Energy Systems, a wholly owned subsidiary in India in one or more tranches from time to time.

Roto Pumps is engaged in the manufacture of vital components and complete pumps used in the mining industry.

Peers
Company Name CMP
Kirloskar Brothers 1775.40
Elgi Equipments 602.95
Shakti Pumps (India) 467.75
KSB 817.95
Oswal Pumps 275.15
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