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Schaeffler India enters into business transfer agreement with Catensys India

01 Jul 2022 Evaluate

Schaeffler India has entered into a business transfer agreement with Catensys India, for sale of the Chain Drive business of the Company, by way of a slump sale, on a going concern basis, for a lumpsum consideration of Rs 29.42 crore.

Schaeffler India has its presence in automotive and across all core industrial segments.

Schaeffler India Share Price

4044.15 -65.75 (-1.60%)
14-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
Schaeffler India 4044.15
SKF India (Indl.) 2686.40
Timken India 3272.65
SKF India 1572.55
NRB Bearings 458.55
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