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Polycab India informs about press release

03 Nov 2021 Evaluate

Polycab India has informed that the Company has entered into a Share Purchase Agreement (‘SPA’) with Renuka Investments & Finance, a wholly owned subsidiary of Hindalco Industries, to divest entire equity shareholding in Ryker Base (‘Ryker’), a wholly owned subsidiary of the company (‘PIL’). In this regard, the company enclosed a press release on disinvestment of Ryker Base.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Polycab India 8020.00
KEI Industries 4445.00
RR Kabel Ltd. 2386.85
Finolex Cables 1282.55
Precision Wire India 430.95
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