MoneyWorks4Me

Delta Manufacturing’s arm to sell certain business assets, stake in Pilamec

16 Sep 2021 Evaluate

Delta Manufacturing’s wholly owned subsidiary -- MagDev has entered into agreements with Bunting Magnetics Europe for sale of certain business assets and its stake in Pilamec. Consideration received from such sale/ disposal will be euro 1,450,000.

Delta Manufacturing is a leading hard ferrite magnet (Anisotropic & Isotropic ) manufacturer based in India.

Peers
Company Name CMP
Waaree Energies 2491.80
Apar Industries 17767.45
Havells India 1095.00
Suzlon Energy 40.78
Siemens 3874.65
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